Markets

Fairer curtailment, greater grid flexibility and better regulation were all on the industry wish list at Kongres PV. From cable pooling to direct lines, Poland hasn’t been afraid to innovate in its approach to renewables deployment – but there is plenty of room for improvement.

Renshine Solar says it will open a gigawatt-scale perovskite PV module factory in Jiangsu province, with a planned investment of CNY 1 billion ($138 million). In January, it reported that its perovskite solar panels had achieved a power conversion efficiency of 18.4%.

The authorities in Mali have revealed plans to build a 200 MW solar plant with backing from Russia.

Mytilineos has signed two 10-year power purchase agreements (PPAs) in Ireland for 14.28 MW of solar projects it is developing.

Chinese battery manufacturer Svolt has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.

Analysts at a recent event in Dhaka called for the removal of high import duties on solar products in Bangladesh, as it could reduce PV system prices by up to 11%.

Italy, Spain and Portugal recorded their highest-ever daily PV production rates during the week of May 20, while prices also rose across all major European electricity markets, according to AleaSoft Energy Forecasting.

Germany’s RWE has signed key contracts for the Limondale eight-hour battery storage project, which is now under development in Australia.

Maxvolt Energy Industries has raised $1.5 million from angel investors to accelerate its lithium-ion battery R&D efforts, enhance production capacity, and expand market reach.

Twenty-one US states have accepted the grid modernization challenge as part of the Federal-State Modern Grid Deployment initiative, which aims to shore up the US energy grid for future challenges and opportunities in the power sector.