[SMM PV News] Sweden Hits 5.5 GW Solar Capacity as Installation Pace Moderates

Ontario’s Independent Electricity System Operator (IESO) has approved 12 solar projects (915.1 MW) and two wind projects (400 MW) through its Long-Term 2 (LT2) Energy Window 1 procurement. This marks the province's first major competitive procurement for new wind and solar resources in over a decade. Combined, the 14 projects represent over 1.3 GW of capacity and are expected to add 3 TWh of annual generation to the grid—enough to power 350,000 homes. Notably, each project includes at least 50% Indigenous equity ownership. The facilities are slated for commercial operation by May 2030 under 20-year agreements. The Canadian Renewable Energy Association (CanREA) hailed the results as a clear signal that Canada is on track to grow its solar capacity from 5.4 GW to 21 GW by the mid-2030s.

The California Public Utilities Commission (CPUC) has issued a new proposed decision rejecting the industry-backed Net Value Billing Tariff (NVBT) in favor of a structure based on the Avoided Cost Calculator (ACC). The Solar Energy Industries Association (SEIA) warns that this move "virtually ensures" no new community solar projects will be developed, as the ACC rates are too low and volatile to secure private financing. While the CPUC's decision aims to modify existing "Green Tariff" programs and leverage federal grants for low-income residents, critics argue it prioritizes utility monopolies over market-based growth and the goals of AB 2316. The proposal is scheduled for a hearing as early as May 14, 2026.