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Markets & Policy

Longi denies massive layoff plan, says job cuts could reach up to 5%

Chinese solar manufacturer Longi has responded to recent media reports claiming that it might cut 30% of its global workforce.

Challenges and prospects in Albania’s PV market

Albanian researchers say that solar could be key to reducing Albania’s reliance on energy imports, but the nation will need to invest in grid infrastructure, streamline laws, and enhance access to funding to support deployment.

Researchers identify path to fast-charging lithium-sulfur batteries

Australian researchers have designed a new catalyst that has the potential to deliver a new generation of lithium-sulfur batteries that can be charged in less than five minutes, instead of several hours.

Japan’s 19th solar auction concludes with average final price of $0.034/kWh

Japan has allocated 134 MW of PV capacity in its latest procurement exercise. The lowest bid for a 19 MW solar project came in at JPY 0.00/kWh, surprisingly, while other bids ranged from JPY 4.94 ($0.03)/kWh to JPY 6.98/kWh.

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Endesa switches on 1.1 MW/ 5.5 MWh redox flow battery in Spain

Spanish utility Endesa has activated a 1.1 MW/5.5 MWh redox flow battery in Spain. It says it is the vanadium redox flow storage system connected to a PV plant in Europe. It is situated near Mallorca, in the Balearic Islands.

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TotalEnergies hits 1.5 GW of on-site solar PPAs

France’s TotalEnergies says it has signed 1.5 GW of on-site solar power purchase agreements (PPAs) with more than 600 industrial and commercial customers in more than 30 countries.

Cuba addresses energy crisis with 2 GW of solar

Cuban Minister of Energy Vicente de la O Levy says 2 GW of planned solar capacity will come from 92 ground-mounted PV plants spread across the island.

Uzbekistan connects first phase of 511 MW solar project

Abu Dhabi Future Energy Co. (Masdar) has connected the first phase of a 511 MW solar project in Uzbekistan, linking the initial units of two solar plants. Chinese manufacturer TrinaTracker has supplied the plants with 11,248 sets of Vanguard 1P trackers.

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Romanian plastics manufacturer secures financing for 4.56 MW of PV

TeraPlast SA has secured financing for 4.56 MW of solar, with approximately one-quarter of the project’s total value obtained through non-refundable financing from the Romanian government’s National Recovery and Resilience Plan. The project, which will include a 920 kW storage facility, is set to be completed in June.

French startup offers solar aerothermal system for space heating

Solar Brother, a French startup, has developed a solar aerothermal system for space heating. The system incorporates a PV panel, an aerothermal heat pump module, and cassette filtration, enabling homeowners to save on heating.