Solar Philippines says it has broken ground on what it touted to be the world’s largest solar array – a 4 GW solar park spread across 3,500 hectares of land in the northern part of the country.

European Union member states have installed a “record-breaking” 56 GW of PV over the last 12 months – consistent with the past three years of 40% year-on-year growth, according to SolarPower Europe. But the association warns that solar’s moment in the sun could soon be over, as energy prices stabilise and project interest rates skyrocket.

Authors of the “World Nuclear Industry Status Report 2023” define the future role of nuclear energy in the global energy mix as “irrelevant” and “marginal.” The authors add that there were 407 operational reactors producing 365 GW in the middle of the year, which is less than installed capacity predictions for solar by the end of the year.

Energy giant BP announced today it would take full ownership of solar and wind energy developer Lightsource BP once a deal – pertaining to the purchase of the remaining renewables company’s shares BP does not own – goes through next year.

The Philippines Department of Energy says the Maharlika Consortium – representing three companies – will develop two microgrid hybrid solar and diesel generator power plants for “underserved” communities located on Panlaitan island and the island of Mindoro.

Sri Lanka’s government-owned Ceylon Electricity Board (CEB) is inviting applications for the development of 1 MW to 5 MW ground-mounted solar projects – totaling 70 MW – with 20-year power purchase agreements (PPA).

JinkoSolar claims that its new 182 mm n-type monocrystalline silicon solar cell has reached a maximum solar conversion efficiency of 26.89%. It says the achievement has been independently verified by a third party.

Spain recorded more than 20 GW of installed solar capacity at the end of last year, according to recently published data from Wiki-Solar. The website’s founder claims that the country is becoming a PV powerhouse as utility-scale developers increasingly roll out projects.

Solar panel producer Maxeon Solar Technologies will lay off 750 employees by the end of the year as the company reels from reduced shipments from its largest distributed generation (DG) customer in North America and an ‘industry-wide demand slowdown’ in global DG markets.

Off the back of recent legislative changes leading to ‘spurred’ solar PV development, combined with an extremely liberal market, a senior solar analyst from cleantech advisory company Apricum told pv magazine that the Philippines is ‘the place’ to rollout solar projects in Southeast Asia.