Among the selected developers were EDF, Canadian Solar, Solarpack, Enel and Celsia. The final average price for the PV technology was significantly higher than that of the previous procurement exercise.
The input costs of the two biggest contributors to solar plant development expense have gone through the roof since the world began to come out of Covid-19 lockdowns, to leave project developers with some difficult choices.
The recent increase in the goods and services tax applied to solar cells and modules, from 5% to 12%, coupled with a planned 40% customs duty on panel imports, is set to increase project costs for developers.
Elsewhere, Snam and Toyota are pushing for more hydrogen-based mobility in Italy, and Woodside Petroleum wants to establish an export-oriented hydrogen and ammonia production facility in Australia.
Elsewhere, cell maker Aikosolar has announced two major wafer purchase agreements with manufacturers Shuangliang and Shangji, and Zhonghuan Semiconductor has reported solid financials for the third quarter.
The 61 MW solar facility is owned by Colombian oil company Ecopetrol.
A $40 million solar field which will double the generation capacity of the Omsk region is planned to start generating in December as part of the national government’s clean air ambitions.
Under development since 2015, the 7.5 MW solar plant was built thanks to the efforts of multiple international entities including the U.S. International Development Finance Corporation (DFC) and the U.K. government-funded Renewable Energy Performance Platform (REPP).
A collaboration between universities, nonprofits, and a geospatial mapper led to development of a highway solar evaluation tool.
This week saw prices in the polysilicon segment, and further downstream, rise again, with no end in sign. National Energy Agency statistics show a slowdown in installations for the second consecutive month in September. Manufacturers, however, continue to purchase components and materials in the expectation that prices will rise even further.
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