Italy’s energy agency has awarded 293.7 MW of solar capacity at four locations and 119.5 MW of wind in its latest auction. All of the developers offered a maximum discount ranging from 2% to 2.5% off the auction ceiling price of €0.065 ($0.063)/kWh.
India’s Jakson Green will expand its solar module and cell manufacturing capacity to 2 GW by the end of 2024, CEO Bikesh Ogra told pv magazine this week at the Renewable Energy India Expo 2022. He said the company also has aggressive plans for green hydrogen and ammonia, with a specific focus on distributed generation.
Marsh has launched the world’s first insurance facility for green and blue hydrogen project risks. pv magazine recently spoke with the company about the challenges that operators face in securing insurance coverage for new technologies.
The US Inflation Reduction Act includes more than $60 billion for domestic manufacturing across the clean energy supply chain, incentivizing companies like Endurans Solar to expand domestic production.
The European Commission’s merger and acquisitions body is running the rule over a plan by New York-based Blackstone Capital to take joint ownership of expansionary Esdec Solar, alongside private equity group Rivean.
Scientists from Germany’s Fraunhofer ISE – together with a consortium of plant manufacturers, metrology companies, and research institutions – have developed a new production line concept for high-efficiency silicon cells, with a throughput of 15,000 to 20,000 wafers per hour – roughly double the usual amount.
Enertis Applus+ and the GdS Optronlab Group have developed a system to enable daytime electroluminescence in the inspection of PV modules.
Italy’s Fimer has launched proceedings to restructure its debt and is now ready to restart production.
Lagos-based Daystar Power is targeting 400 MW of installed generation capacity by 2025, after being acquired by Shell mere days after the Starsight-SolarAfrica merger announcement.
The Inflation Reduction Act (IRA), signed into law by US President Joe Biden, represents the single largest investment in clean energy, GHG emissions reduction, and climate resilience in the country’s history by providing around US$370 billion for green energy tax credits and other incentives to spur large-scale development of solar energy technologies to electrify the US’s digitization.
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