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Europe contracts 1.6GW of renewable energy capacity in March
April 16, 2025
Europe completed power purchase agreements (PPAs) for 1.6GW of renewable energy capacity in March, according to Pexapark.
IEA: World reaches 2.2TW of cumulative installed solar capacity
April 15, 2025
The world reached 2.2TW of cumulative installed solar capacity in 2024, with China alone accounting for 1TW of total operating capacity.
IRENA: Solar accounts for three-quarters of all renewable energy capacity additions in 2024
March 26, 2025
The world added 451.9GW of new solar capacity in 2024, accounting for three-quarters of all new renewable power capacity commissioned last year.
Canadian Solar reports stable Q4 revenues, falling year-on-year profits
March 26, 2025
Canadian Solar has recorded a 1% quarter-on-quarter increase in revenues in the fourth quarter of 2024, while year-end profits have fallen.
Europe reports decline in number of PPAs signed and power capacity contracted in February
March 25, 2025
Europe saw a 4% month-on-month decline in number of power purchase agreements (PPAs) signed in February 2025, according to Pexapark.
World adds 553GW of solar capacity in 2024 as energy demand grows
March 24, 2025
The world added 553GW of new solar capacity in 2024, although renewable power accounts for a fraction of the world’s electricity generation.
SEIA and Wood Mackenzie: US adds 50GW of new solar capacity in 2024
March 11, 2025
Solar and storage projects accounted for 84% of electricity generating capacity added in 2024, with solar seeing 50GW of new capacity.
SolarPower Europe: 75% of European solar manufacturers focus on downstream products
March 6, 2025
Europe’s solar manufacturing sector heavily favours downstream products such as cells and modules, according to SolarPower Europe.
US adds record 49GW of solar capacity in 2024
February 24, 2025
The US added a record 49GW of new solar capacity in 2024, according to figures from the BCSE and Bloomberg New Energy Finance.
IEA: Solar PV made up 7% of electricity generation in 2024
February 17, 2025
A new report from the International Energy Agency (IEA) has shown that solar PV made up 7% of the world's electricity generation in 2024.
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