Patrick Jowett
S&P Global launches daily spot market price assessment for solar panels
The tool has been billed as the world’s first independent daily spot market price assessment for solar panels. S&P Global says it has been launched to aid transparency in technology pricing as solar modules become increasingly commoditized.
South Africa commissions largest wheeling project to date
South Africa has commissioned its largest wheeling project, with SOLA Group supplying more than 200 MW of solar power to Tronox Mineral Sands via the Eskom network.
Solar corporate funding hits $16.6 billion in H1
Corporate funding in the solar sector reached $16.6 billion in the first half of this year, according to Mercom Capital Group. It says most funding came via debt financing, as venture capital and public market financing fell.
Portugal, Spain set records for daily solar energy production
AleaSoft Energy Forecasting says average electricity prices rose in all major European markets during the second week of July, with Spain and Portugal breaking their daily solar production records.
Philippines switches on 64 MW solar project
Prime Solar Solutions Corp. has completed a 64 MW solar project in the eastern Philippines. It is one of two facilities by the company that will supply 128 MW per year combined.
Hungary refinances rebate scheme for residential solar
The Hungarian government is investing an additional HUF 30 billion ($83.9 million) into its HUF 75.8 billion rebate program for residential solar and storage systems. The scheme, which launched in January, is now expected to support more than 25,000 households.
TCL Zhonghuan-led consortium plans 20 GW ingot, wafer factory in Saudi Arabia
A subsidiary of TCL Zhonghuan Renewable Energy has signed an agreement with Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries to begin producing 20 GW of solar ingots and wafers per year in the country.
Naked Energy secures GBP 17 million of new equity
Naked Energy has obtained GBP 17 million ($22 million) in new equity. The UK-based photovoltaic-thermal (PVT) system supplier says the investment, led by E.ON and supported by Barclays, will help “supercharge its global expansion.”
Belgium’s Flanders region records 230 MW of January-May solar additions
PV analyst Wannes Demarcke tells pv magazine that solar deployment in the Belgian region of Flanders slowed in the first months of this year. Initial figures show a decline from 2023 levels following the expiration of subsidies and reduced value-added tax on buildings less than 10 years old.
Philippines announces second microgrid auction for underserved areas
The Department of Energy (DOE) of the Philippines has announced a second microgrid auction for underserved areas, opening in August to support more than 12,000 households.
