China’s polysilicon rally enters fourth week, defying market fundamentals
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Tesla taps LG Energy for US storage batteries in $4.3 billion deal
Tesla has selected LG Energy Solution (LGES) to supply lithium iron phosphate (LFP) batteries for its US energy storage products in a deal reportedly worth $4.3 billion, according to South Korean media.
Australia may install 220,000 home batteries under subsidy scheme
Australia is on track to surpass 2024 home battery installation records, with July data from SunWiz indicating that up to 220,000 units could be deployed in the first year of the federal Cheaper Home Batteries subsidy.
Eskom tenders 72 MW of solar
South African utility Eskom is searching for a developer to design, procure, supply, test and commission a 72 MW solar project at the site of an existing power station. The deadline for applications is Sept. 30.
European electricity prices fall despite drop in solar energy production
Weekly average electricity prices fell last week in France, Italy, Portugal and Spain, even as solar energy output also declined, according to AleaSoft Energy Forecasting.
Australia expands 2030 renewable target by 18 GW after COP28 pledge
Australia is one of only seven countries outside the European Union that has updated its 2030 national renewable target with an 18 GW boost, since the 2023 COP28 global tripling pledge.
New utility software to steer homeowner energy systems, enable load trading
Austrian startup Podero has launched software to enable utilities to roll out new residential services via its home energy device steering and trading solutions.
NHPC accepting bids to build 1.2 GW of solar in India
NHPC Ltd, on behalf of Bundelkhand Saur Urja Ltd (BSUL), has launched a tender to select developers to build 1.2 GW of solar power plants (four × 300 MW) in northern India.
Smart Pension invests GBP 330 million in Octopus Energy clean-tech funds
UK workplace pension provider Smart Pension has announced an initial GBP 330 million ($440 million) strategic investment in Octopus Energy Generation. The renewables arm of Octopus Energy invests in solar, wind and energy storage projects, as well as clean energy technologies such as heat pumps.
Global electricity demand to rise in 2026 as renewables lead, says IEA
Global electricity demand is set to rise more than 3% per year through 2026, driven by growth in Asia and greater use across industry, data centers, and transport, with renewables, gas, and nuclear meeting most of the increase, says the International Energy Agency (IEA).
