SECI launches 750 MW Rajasthan tender
With a maximum fixed tariff of $0.0427/kWh under a 25-year PPA, the total capacity available is made up of 10 MW multiples and could potentially all go to one bidder.
Beijing about-turn influenced collapse of polysilicon deal
Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned $3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.
Albania tenders 50 MW of solar
Through the auction, the authorities in Tirana aim to build a solar park in the Akërni salt flats, near Vlorë.
Fitch revises up outlook for French solar market
The U.S. firm expects France will reach a cumulative capacity of 28 GW by 2027, 3 GW more than previously forecast. The reasons for the increase are the renewed efforts of the French government to push for more solar, and the solar plans of big energy players such as EDF and Total.
Taiwan: Schedule agreed for three-way solar merger
A timetable has been set for the merger of three of Taiwan’s largest solar cell manufacturers, according to reports from the state-owned Central News Agency. The companies held separate board meetings last week and confirmed the transaction is set to be completed on October 1.
Second-life EV battery market to grow to $4.2 billion by 2025
Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization.
Sale of controlling stake in China’s largest poly maker falls through
Shanghai Electric’s move to take over GCL-Poly’s Jiangsu Zhongneng has fallen through because conditions are not ‘mature enough’. The development, announced this afternoon to the Hong Kong Stock Exchange, will be closely watched by the global solar industry.
SolarEdge reports record revenues in second-quarter results
The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.
Proposal to take Hanwha Q Cells back into private ownership
With Hanwha Solar Holdings already owning 94% of the company, the module manufacturer could soon be a private company again. The Korean solar company says the transaction would cost the holding company around $45 million.
EV charging infrastructure market to reach $18 billion by 2030
EV charging infrastructure is set to become a major market, and actors from different sectors like municipal utilities, inverter companies and storage system providers are getting creative, and collaborative, in order to secure a slice of the cake.
