Japan unveils 2022 feed-in tariff levels for PV
The Japanese government is proposing 20-year FITs lower than $0.010/kWh for rooftop PV and a ceiling price of $0.087/kWh for solar energy auctions. These incentive levels will likely be insufficient to stimulate demand given rising solar project costs.
LG to close US solar module manufacturing facility
The closing of the Alabama-based facility comes in tandem with the announcement that LG will be folding its solar module business by the end of June.
Gravitricity to build 4MWh gravity-based storage facility on UK brownfield site
British start-up Gravitricity secured funds from the UK Department of Business Energy & Industrial Strategy (BEIS) to build its second gravity-based storage project. The feasibility study is expected to be finalized by the end of this year.
Thailand’s CK Power set to double in size through 2.8GW renewables investment
One of Southeast Asia’s biggest generators of renewable electricity, Thailand’s CK Power, is set to double in size over the next three years after announcing plans to add 2.8GW of new renewable electricity generation, including a ten-fold increase in its solar capacity.
Philippines’ largest battery comes online at 120MW solar park
The 40MW/60MWh Alaminos Energy Storage system is now connected to the 120MW Alaminos solar park. Both facilities were built by renewable energy developer AC Energy.
Europe’s first solar-powered electric aircraft charging point
The pilot project is aimed at powering small electric aircraft. It is located in the southeast of England and was developed with 33 modules from Q-Cells.
Polysilicon price reaches $39.3/kg — the highest since 2011
The price of polysilicon last week reached its highest level since 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible signs that it could drop this year, as predicted by several analysts.
ROTH: 100MW of modules detained in the US under Hoshine WRO released
Shipping containers storing roughly 100MW of LONGi solar modules have been released, reports ROTH Capital Partners in an industry note, while Trina has had the vast majority of its detained product released, if not all of it entirely.
SolarJuice to ramp up solar manufacturing capacity to 1.1GW
SPI Solar plans to begin manufacturing solar panels in California using the existing production lines at the former Sunergy PV solar plant, boosting capacity to 1.1GW in Q3.
Bangladesh Army signs 1GW solar deal for training base
American power company Eleris Energy has agreed to construct five 200MW solar plants on the Swarna Dweep island administered by the army and used for training exercises, with the capacity due online within five years.
