Chinese PV Industry Brief: Canadian Solar suspends Shanghai IPO
Canadian Solar has suspended its plans to list shares in Shanghai, while polysilicon supplier GCL Tech has revealed plans to move from the Hong Kong Stock Exchange to either the Shanghai or Shenzhen stock exchange. Trina and Longi have both reported solid financial results for the first nine months of the year.
Brazil allocates 23.5 MW of solar in latest renewables auction
Brazil’s energy agency has awarded 23.5 MW of solar capacity in its latest auction, at a price of BRL 0.176 ($0.033)/kWh. The auction ceiling price was BRL 0.28 ($0.0529)/kWh.
The Hydrogen Stream: UK consortium plans 10 MW offshore wind-hydrogen facility
A group of UK companies has started working on a 10 MW wind-to-hydrogen project, American Airlines has announced a new investment in hydrogen distribution, and ACWA Power has teamed up with South Korea’s Kepco to develop green hydrogen/ ammonia projects in the Middle East.
Global polysilicon capacity could hit 536 GW by end of 2023
Clean Energy Associates said in a new report that it expects polysilicon production capacity to exceed PV installations next year.
Coal India to set up 1.19 GW solar project
State-owned Coal India has signed a deal to set up a 1.19 GW solar project at Vidyut Utpadan Nigam’s 2 GW solar park in the Indian state of Rajasthan. The estimated cost of the project is $974 million.
‘Footstep tech’ for solar module cleaning
Scientists in South Korea have used a triboelectric generator and an electrodynamic dust shield to develop a panel-cleaning system that can be activated by footsteps. They said the system can remove more than 70% of accumulated dust with the pressure of just 12 footsteps.
Aerocompact launches high-elevation mounting system for rooftop PV
Aerocompact’s new CompactFLAT GS mounting structure can be installed 40 cm above rooftop surfaces, with tilt angles of 10 and 15 degrees. The company says the product is ideal for bifacial solar arrays and green rooftops.
Australian state expedites development of pumped hydro project at gold mine
A plan to build a 2 GW/20 GWh pumped hydro project at an old gold mine in the Australian state of Queensland has been declared a “coordinated project,” in order to fast-track the plan.
PV production equipment sales soaring in Europe
According to VDMA, a German engineering association, there are now more orders coming in for German production equipment from Europe than from China. Nevertheless, shipments to Asia remain dominant.
Wind, solar payback times under a year in some parts of world, says Rystad
Record energy prices, particularly in Europe, are driving demand for renewables and energy storage. That is changing the equation for utility solar and wind investment and shortening project payback times to under a year in some regions. Storage deployment, driven by recent policy developments around the world, is also expected to get a big boost through to 2030.
