Highlights

German PV tender concludes with lowest price of €0.0498/kWh

The country’s latest tech-specific PV tender was oversubscribed. The final average prices are slightly higher than those recorded in the last procurement round.

Wood Mackenzie expects 115 GW of solar this year

If confirmed, the global newly installed PV capacity for this year would be 5% more than that of 2019. China is forecast to be once again the world’s largest market, with 39 GW.

Australian green hydrogen project secures first commercial offtaker

BOC will compress green hydrogen produced at HyP SA, which taps South Australian solar generation.

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Chinese PV Industry Brief: Stable wafer and cell prices and another 2.2 GW solar-plus-storage project

Solar manufacturers Longi and Tongwei have frozen next month’s prices.

UK utility trials ‘world first’ renewables-friendly energy market

UK Power Networks’ ‘Power Potential’ project offers small scale generators the chance to be rewarded for voltage-balancing reactive-power services alongside traditional power stations.

Hungary’s second renewables auction attracts lowest bid of $0.0523/kWh

According to the Hungarian authorities, 253 of the procurement exercise’s 255 pre-selected projects are for photovoltaic plants. Around 390 GWh will be contracted in an auction that has been significantly oversubscribed.

China could annually deploy 65 GW of PV in 2021-25 period

Liu Yiyang, deputy general secretary of the China Photovoltaic Industry Association, believes that PV development will accelerate under the nation’s 2060 carbon-neutrality target.

India added 883 MW of rooftop solar in nine months despite Covid-19

With 380 MW of generation capacity, the state of Gujarat accounted for 43% of new rooftop solar installations during the January-to-September period.

Australia’s largest solar farm goes ahead as Neoen wraps up financing

Construction will soon start on the massive 460 MW Western Downs Green Power Hub in Queensland, as Neoen has achieved financial close.

Israeli government greenlights plan to add 15 GW of solar by 2030

The plan envisages to reach a 30% share of renewable energies in the country’s electricity mix by 2030. An intermediate target of 20% has been set for 2025.

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