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In order to alleviate the pressure of soaring electricity prices, the Cyprus government has continuously increased the subsidies for household photovoltaic power generation and house insulation renovation this year, and nearly doubled the subsidies for household installation of solar panels. Cyprus officials said recently that the government's initiative to reduce the cost of electricity has received positive response from the public, and household electricity is...

According to foreign media, Spain's Ministry of Ecological Transformation and Population Challenge recently concluded the country's fourth large-scale auction of wind power generation and solar systems. The auction initially planned to allocate 1.8GW of photovoltaic system and 1.5GW of wind power generation facilities. However, due to the conflict between Russia and Ukraine, only 45MW was allocated for wind power generation facilities in the auction, and no photovoltaic...

According to foreign media, the Swiss Federal Council proposed new amendments to the country's energy regulations recently to further support the deployment of solar systems. The new regulations include the implementation of a new auction plan for photovoltaic systems above 150kW, as well as funding for photovoltaic systems installed at high altitudes in the Alps.The Swiss Federal Council said in a statement: "This will be the first...

The European Commission hopes to approve the revised Renewable Energy Directive (REDIV) as soon as possible and translate it into the laws of EU members. Part of the Directive involves meeting the installation requirements of solar systems with an installed capacity below 50kW.As part of the REPowerEU package launched in May this year, the European Commission has proposed a series of measures aimed at reducing dependence...

According to a recent survey report on residential energy consumption released by the US Energy Information Administration (EIA), by 2020, about 3.7% of US households will have installed roof solar systems.The installation of roof photovoltaic system varies from region to region: the western region of the United States is the largest, accounting for 8.9%; Next are the Northeast (4.7%), the South (1.7%) and the Midwest...

According to a survey report  released by Wood Mackenzie recently, a research institution, the US residential photovoltaic loan market grew by 59% year on year, but what impact will the rise in interest rates and the passage of the Inflation Reduction Act have on the US residential photovoltaic market?The report points out that the number of new customers and installed capacity in the US residential...