Solar panels for large-scale PV selling for €0.10/W in Spain
Spanish developer Solaria says it bought 435 MW of solar modules from an undisclosed supplier for €0.917 ($0.99)/W. Kiwa PI Berlin confirms that average solar module prices for large-scale PV projects in Spain are now around €0.10/W.
Malaysian government launches incentive scheme for residential solar
The Ministry of Energy Transition and Water Transformation in Malaysia is teaming up with private and public partners in the country to offer citizens financial incentives and discounts when adopting solar. It follows a government rebate scheme introduced in April.
Japan allocates 1.09 GW of storage in capacity auction
The Japanese authorities selected 30 battery storage projects in the procurement exercise. The selected developers and plant owners will be awarded a 20-year fixed revenue.
Longi’s solar module shipments hit 67.5 GW in 2023
Longi recorded 67.5 GW of solar module shipments in 2023, according to its latest financial results. The Chinese module maker reported revenue of $17.9 billion and a net profit of $1.49 billion for the year.
India’s first utility-scale, standalone storage project gets regulatory nod
BSES Rajdhani Power’s new 20 MW/ 40 MWh project is India’s first utility-scale, standalone battery energy storage system to secure regulatory approval under Section 63 of the Indian Electricity Act, 2003. The project is supported by a concessional loan from the Global Energy Alliance for People and Planet (GEAPP).
Egyptian utility launches tender for 8.2 MW solar-plus-storage project
State-owned utility Egyptian Electricity Holding Company is requesting expressions of interest for the design, building and operation of a 8.2 MW solar plant and 2 MW/4MWh battery energy storage system, located at the site of an existing microgrid in western Egypt.
KIT researchers develop18.2%-efficient perovskite solar cell via scalable inkjet process
Researchers at Karlsruhe Institute of Technology (KIT) have developed a scalable two-step evaporation and inkjet process for perovskite thin-film solar cells. The new technique reportedly enables to build champion cells with the same efficiencies as those made with the spin coating process.
Chinese PV Industry Brief: Tongwei, Canadian Solar, JA Solar report earnings
Tongwei, Canadian Solar, TCL Zhonghuan and JA Solar all reported significantly higher profits in 2023.
Global solar manufacturing sector now at 50% utilization rate, says IEA
The International Energy Agency (IEA) says that global solar cell and module manufacturing capacity grew by around 550 GW in 2023. It reports that around 80% of the global PV manufacturing industry is currently concentrated in China, while India and the United States each hold a 5% share. Europe accounts for a mere 1%.
Switzerland records 600 MW of subsidized PV projects in Q1
The Swiss Federal Office of Energy says the number of PV installations registered for subsidies with Pronovo, a Swiss government agency, rose 81% year on year in the first three months of 2024.
