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Markets & Policy

Russia launches major solar plant in Siberia

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.

Italy reaches 252 MW/405 MWh of distributed energy storage capacity

The country added 60MW/106 MWh in the first half of the year. Energy storage continues to grow with the region of Lombardy and Veneto being the two largest contributors.

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The hydrogen stream: High gas prices mean cost competitiveness

New investments and partnerships announced this week see hydrogen projects developing across Europe, India, Asia and more. The current climate of high prices for natural gas has led one company to exclaim that green hydrogen is now competitive with its fossil fuel produced ‘grey’ counterpart, and research continues into optimizing hydrogen supply chains and smoothing its integration into the energy landscape.

China PV Industry Brief: Installations slow, deals continue despite rising prices

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.

Nexwafe closes financing round with €32 million

Innovative solar wafer company Nexwafe has closed its latest financing round with €32 million. The round was lead by the Indian group Reliance, which contributed €25 million to the round. The Freiburg-based wafer manufacturer intends to use the funds to drive forward the production and commercialization of its kerfless PV wafers.

Spain’s renewables auction: Problem or opportunity?

Participating companies and industry experts from Spain’s most recent renewable energy auction, including APPA, Anpier, and Fundación Renovables, share their thoughts with pv magazine on the results published this week, and what could be done better in future tenders.

Renewable energy jobs reach 12 million globally, forecast to reach 25 million by 2030

A new report by IRENA and the International Labour Organization highlights the employment potential of an ambitious climate strategy and calls for comprehensive policies in support of a just energy transition.

Will China’s ‘double carbon’ and ‘dual control’ policies drive demand for solar?

Factories suffering from rationed grid electricity could help drive a boom in on-site solar systems, and recent moves to mandate the retrofitting of PV on existing buildings could also lift the market, as analyst Frank Haugwitz explains.

India offers lowest LCOE for rooftop PV, third-best generation potential

The levelized cost of rooftop solar generation is the lowest in India ($66/MWh) and China ($68/MWh), while the United States ($238/MWh) and the United Kingdom ($251/MWh) are some of the most expensive countries, according to a new international study.

LG launches hybrid inverter for residential battery range

South Korean battery manufacturer LG Energy Solution has launched a new inverter in the Australian market, adding a 5 kW hybrid inverter to its Residential Energy Storage Unit (RESU) Home battery energy storage range.

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