Markets

Chile to launch auction for 2.31 TWh of renewables+storage in May

The country’s energy regulator will publish the auction’s final bidding terms in December. Projects awarded contracts under the auction will supply electricity under 15-year power purchase agreements for 2026-2040.

Ignite Power solar ‘Extreme Affordability Plan’ gains traction in Rwanda

Pan-African developer and financier of distributed infrastructure projects, Ignite Power is providing solar solutions to many low-income rural dwellers in Rwanda through its ‘Extreme Affordability Plan’, setting the Eastern African country on course to achieve its vision of becoming an upper-middle-income economy by 2035.

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Solar parks in Netherlands to be connected at 70% of their peak capacity

The Netherlands’ renewable energy sector has reached an agreement with the country’s grid operators and power providers for a faster grid connection of solar parks. PV plant operators will be able to connect their projects at 70% of their capacity and, in turn, they will be allowed to connect them without having to wait for more grid availability.

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China set to acquire 820 MW of solar project capacity

The latest, seven-project, 217 MW, $150 million project sell-off announced by the development business of polysilicon producer GCL-Poly means a lot will be at stake in the vote by its shareholders at an extraordinary general meeting in the new year.

Australian state governments introduce tax on electric vehicles

Some Australian states are choosing this moment to ensure that electric vehicle drivers are paying their fair share of funds needed to maintain road infrastructure given that they don’t contribute via fuel excise. The moves are expected to throw a spanner in the works of drivers deciding in favour of zero-emissions motoring.

Five pro-renewable energy actions to expect from President-Elect Joe Biden

As the U.S. economy continues to recover from its Covid-19-induced recession, it’s likely that Congress and the president will put together a multi-trillion dollar relief package, similar to the one that lifted the economy out of its doldrums following the 2008 economic crisis.

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India added 438 MW of solar capacity in Q3 2020

The new solar capacity added during the three months ending September includes 283 MW from large-scale installations and 155 MW rooftop.

Chinese PV Industry Brief: Jinko announces 2 GW agrivoltaic project in Heilongjiang Province

Meanwhile, Chinese state-owned energy company State Power Investment Corporation (SPIC) has acquired a solar energy developer in Mexico and JA Solar has started construction on the second phase of its 20 GW ingot factory in Yunnan Province.

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India deployed 400 MW of rooftop PV in Q2

India added 399 MW of new rooftop solar capacity in the second quarter (July-Sept) of fiscal 2020-21. By comparison, just 188 MW was installed in the corresponding period last year.

Bifacial PV modules no longer exempt from US Section 201 import tariffs

The U.S. authorities are currently subjecting imported bifacial modules to a 20% penalty – the same tariff applied to almost all other crystalline silicon solar modules.