Furthermore, polysilicon manufacturer Daqo will increase investments in its plans to expand capacity and Canadian Solar closed a strategic co-operation agreement with battery giant CATL.

Clean energy trade group the Canadian Renewable Energy Association has told policymakers CA$8 billion worth of solar and wind projects will be needed each year to decarbonize the electricity supply by 2035 and remove net emissions by mid century.

Competitive bidding for onshore solar and wind will establish a clean-power strike price acceptable to successful developers under the contracts-for-difference approach. The incentive scheme is also applicable to biogas, biomass, landfill gas, hydropower, concentrated solar power, and geothermal plants.

Two investors backed by the charitable foundations set up by energy giants have seed-funded the cash pot to lend to African solar companies, who will be able to buy solar kit cheaper thanks to the economies of scale offered by the aggregation of orders.

The energy storage system, which is set to be up and running in around a year’s time, will be supplied by Finnish company Wärtsilä and will provide services including reserve power and frequency control response.

Industry association SolarPower Europe expects little change in the line-up of Europe’s biggest residential battery markets in four years’ time, with a rush of retrofits as turn-of-the-century solar feed-in tariffs begin to expire, set to keep Germany way ahead of the pack.

Elsewhere, Longi has announced it has secured a wafer supply deal from Zhejiang-based TOPCon module manufacturer Dal Solar, and glassmaker Irico New Energy is planning an initial public offering.

Queequeg Renewables says it has formed a joint venture with an Italian private equity investor to fund the first slice of a planned 1.3 GW solar-plus-storage portfolio in Britain.

English manufacturer Aceleron claims every component of its devices can be accessed for replacement, repair or recycling, with the business’ co-founder stating the aim is to ensure ‘100% of the materials in our batteries will continue to be used for as long as possible – preferably forever.’

Furthermore, China’s National Energy Administration (NEA) said residential PV installations totaling 1.93 GW were deployed in October alone and Heterojunction (HJT) solar new entrant Golden Solar became strategic partner of Gold Stone Energy Co Ltd.