Markets

India to add 34 GW of solar through 2024

Consultancy Bridge to India has looked into its crystal ball to predict India will add 10 GW of solar capacity this year and the same next year before deployment slows to 7 GW per year in 2022 and 2023, dogged by hurdles such as an inexplicable ongoing demand for new coal-fired power plants.

Chinese giant doubles down on cell production expansion

The 5 GW of new production lines announced by JA Solar at the start of the year have now been doubled as the company also unveiled plans to rejig up to 3.6 GW of its existing facilities to accommodate bigger wafers.

Turkey introduces new provisions for energy storage

Rules published in the official journal provide certainty on how storage systems will have to be connected to the grid and who will take care of the process on behalf of governmental institutions. The regulations are expected to benefit rooftop PV and up-to-1 MW ‘unlicensed’ projects

Shell PPA for electricity from 100 MW energy storage facility in the UK

The oil giant says it will use the electricity provided by two 50 MW batteries to optimize the integration of renewables nearby. The task will be undertaken by the group’s Limejump unit. The energy storage units are set to be operational this year.

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Bangladeshi government appeals for more partners to help roll-out off-grid solar

A scheme to install solar lighting and household power, as well as biogas and solar cookers and larger PV plants, has already driven deployment of more than 1.2 million systems. Now the government wants more partners to join the program.

Batteries under solar modules just like microinverters and optimizers

Texan start-up Yotta Energy has a potential solution for residential solar-plus-storage. Will the micro-storage company become the next SolarEdge or Enphase or suffer the fate of JLM Energy? And whatever happened to SolPad?

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An open access, online European PPA tracker

The PexaQuote software is said to allow both parties to a power purchase agreement to identify the best structure and price for a deal within seconds. The platform provides price indices, a deal tracker and a quote service.

Indian tender for supply of 12 million solar cells

State-owned engineer and manufacturer Bharat Heavy Electricals Limited has invited bids for the supply of cells with five busbars and a minimum efficiency of 18.8%. Bidding closes on Friday.

Bail-out leaves Chinese solar developer needing to raise $62.5m by summer

The twice-postponed $230 million investment which will see Chinese state-owned Beijing Energy acquire a 32% stake in Hong Kong-listed developer Panda Green has finally gone through. The developer now has five months to drum up enough to pay off two more of its other three state-owned backers.

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Smart Energy Council rallies industry to halt decline of Australia’s renewables market

Renewable energy developers and investors have told Australian industry body the Smart Energy Council ‘they’re done. The sovereign risk in Australia is too great,’ according to the organization’s government relations manager, Wayne Smith. With prospects, employment and energy prices in jeopardy, the trade organization has vowed to petition policymakers for a bankable plan.

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