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Philippines: 2GW of new photovoltaic capacity is expected in 2024
Jun 05 , 2024
Recently, according to data from the Philippine Department of Energy, the Philippines will launch nearly 2GW of solar power generation capacity in 2024. The country's Department of Energy expects that 1.98GW of solar power generation capacity will be connected to the grid this year, which is part of 4.2GW of renewable energy projects. The department said that by June, the Philippines may launch 96...
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Turkey receives $1 billion loan from World Bank for renewable energy business
Jun 28 , 2024
According to TaiyangNews, the World Bank has agreed to provide Turkey with a $1 billion loan to help the country expand the use of renewable energy, especially distributed solar energy and battery storage. It is reported that the $1 billion fund includes a loan of approximately 600 million euros (US$657 million) from the International Bank for Reconstruction and Development, US$30 million from the...
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Austria: Achieving target of installing 41GW of photovoltaic systems by 2040
Jul 05 , 2024
A recent study by the Austrian Federal Photovoltaic Association (PV Austria) highlights the importance of photovoltaic power generation in the country's economy. The report points out that Austria added about 134,000 photovoltaic systems in 2023, with a total installed capacity of 2.6GW. By the end of 2023, Austria had installed a total of about 390,000 photovoltaic systems with an installed capac...
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2024 Paris Olympics: Green energy leads the new era of Olympics
Aug 02 , 2024
Under the bright light of the Paris Olympics, a striking focus of discussion has quietly emerged around the world - the "greenest" Olympic era. The Paris Olympic Organizing Committee said that they would hold a breathtaking event while working hard to reduce the consumption of materials and energy to create the "greenest Olympics". Photovoltaic, as the most cost-effective and scene-adaptive clean ...
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Italy added 3.34GW of photovoltaic capacity in the first half of 2024
Sep 09 , 2024
Recently, the Italian industry association ItaliaSolare reported that Italy's new photovoltaic installed capacity reached 3.34GW in the first half of 2024. In the same period of 2023, the state installed about 2.3GW of photovoltaics, achieving a full-year growth of 5.23GW. As of the end of June, Italy's cumulative photovoltaic installed capacity reached 33.62GW. 29% (985MW) of the newly installed ...
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Bangladesh introduces new policy on renewable energy (including photovoltaic)
Nov 19 , 2024
It is reported that the Bangladeshi government has introduced a new energy policy, under which renewable energy projects (including photovoltaic projects) can enjoy tax exemption support for 10 years. Renewable energy projects will be given 100% tax exemption in the first five years, 50% in the next three years, and 25% in the next two years. The new policy will take effect on July 1, 2025. The no...
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