The International Energy Agency’s latest market analysis says global solar generation surpassed the 2,000 TWh mark in 2024. It grew by 30% year-on-year for its highest growth rate since 2017, adding 475 TWh in the calendar year.
The Victorian government’s Solar Homes rebate program continues to reach new heights with more than 78,000 rooftop PV, solar hot water and residential battery systems installed in 2024 – the most successful year on record.
The ground-mounted 75 MW project features more than 136,000 solar panels deployed across an 80-hectare site. Retail electricity units belonging to Philippine power company AboitizPower will offtake the energy produced.
Sunboost emerged as the top solar installer in the sub-100 kW rooftop PV market in Australia last year, having deployed more than 10,000 rooftop systems in 2024 with a combined capacity of almost 100 MW.
Rooftop solar supplied a record 60% of total generation in the New South Wales market on Sunday, when new low points were also set for demand for electricity from the grid.
Newcastle based clean-tech company Allegro Energy has secured $1.85 million in federal government funding to help bring its redox flow battery technology to mass production.
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
Radovan Kopecek, an expert on back-contacted (BC) solar cell and module technologies, spoke with pv magazine about BC manufacturing costs, efficiency and technical challenges. He believes that global BC solar module manufacturing capacity could reach 1 TW by 2030, potentially making BC products the industry’s mainstream technology. Kopecek added that 2028 will be a crucial year for its development, as most of the critical patents associated with this module tech will expire.
Utility-scale solar installations reached 182 GW (AC) in 2024, with the top 33 countries now accounting for 765 GW, or roughly 93% of the global total, according to Wiki-Solar.
The Clean Energy Q4 2024 report finds solar generation reaching financial commitment or commencing construction totalled 1,139 MW, and overall clean energy investment was at a record high.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.