Global solar installations could reach 1 TW next year
BloombergNEF reports the world installed nearly 600 GW of solar power in 2024, closely aligning with projections that annual global solar installations will surpass 1 TW within the next few years. Although projections for 2025 currently fall short of that pace, early forecasts often underestimate actual deployment.
Aotearoa New Zealand’s solar generation reaches all time high
New Zealand’s Electricity Authority Te Mana Hiko has reported the country’s solar generation reached an all-time high in March of 128 MW but say that’s likely to be surpassed when three new large-scale farms come online during 2025.
Commercial segment surges as residential rooftop backs off
Australia’s solar rollout continues to reach new heights with a combined total of 4.7 GW of small- and large-scale PV installed across the country in 2024 but shifts in the rooftop market suggests diversification of services will be key for the nation’s installer community going forward.
Omnidian snaps up Solar Service Guys to expand Australian presence
Renewable energy asset management outfit Omnidian has strengthened its presence in the Australian market with the acquisition of Queensland-based PV installer and service provider Solar Service Guys.
Rooftop solar install rates roll on with 3 GW added in 2024
Australia’s rooftop solar uptake continued to surge in 2024 with a new report revealing more than 300,000 PV systems with a combined capacity of almost 3 GW were bolted on to the roofs of homes and businesses across the nation last year.
Rystad forecasts 17% shortfall from 82% renewables target
Rystad Energy research has forecast Australia’s 82% renewable energy by 2030 target, will fall short by 17% under what they describe as the most optimistic scenarios, with gas being a key to energy security and transition.
BloombergNEF expects up to 700 GW of new solar in 2025
BloombergNEF says global solar installations could reach 700 GW in 2025, with additions rising to 753 GW in 2026 and 780 GW in 2027.
Aiko launches 500 W C&I back-contact solar module with 25% efficiency
The Chinese manufacturer launched its new Infinite panel featuring its proprietary all-back contact cell technology. The module measures 1,762 mm x 1,134 mm x 30 mm and has a temperature coefficient of -0.26%/C.
Freight provider rolls out electric trucks on metro routes
National transport and logistics company Centurion has added 20 battery-electric trucks from Daimler to its fleet with the new heavy vehicles powered using energy from a 4.4 MW rooftop solar installation and 10.3 MWh battery.
First all-female energy team to complete commercial rooftop solar project
Sydney solar solutions company Smart Commercial Solar, in collaboration with AWISE, a national organisation dedicated to increasing the visibility and participation of women in the solar industry, are delivering a commercial rooftop solar project together done exclusively by women.
