Italy’s first Fer X solar auction allocates 7.7 GW at average price of €0.05682/kWh
The procurement exercise had initially attracted 1,387 project proposals with a combined capacity of 17,537 MW, according the Italian energy agency GSE.
New generation of IPPs is emerging, says Pexapark
Renewables research firm Pexapark says Europe’s independent power producers (IPPs) are evolving into customer-centric platforms with a focus on adding battery energy storage systems (BESS) to their portfolios and more structuring and pricing capabilities to prepare for the next wave of deals.
Omani polysilicon factory secures $220 million
Oman Arab Bank is the latest investor in a major polysilicon manufacturing facility currently under development in Oman, after signing a $220 million financing agreement with project developers United Solar Polysilicon.
France deploys 1.5 GW of solar in Q3
The country’s cumulative installed PV capacity reached 29.7 GW at the end of September.
Huawei unveils FusionSolar 9.0 platform with AI, grid-forming tech
Huawei’s FusionSolar 9.0 is a new integrated solar-plus-storage platform featuring smart inverters, AI-driven management, and grid-forming capabilities to turn solar plants into active grid-support assets. It boosts efficiency, reduces costs, and enhances stability in weak grids with high renewable penetration, according to the company.
Sunman to build 500 MW solar panel manufacturing plant in Australia
Chinese manufacturer Sunman is to build a 500 MW per annum solar module production facility in the New South Wales Hunter Valley after securing funding support from both the state and federal governments.
Bangladesh approves 220 MW solar project, its largest to date
Bangladesh has givern approval to a 220 MW plant in Sonagazi, partly funded by the Islamic Development Bank.
ABB finalizes acquisition of Gamesa Electric
The Swiss group acquired Gamesa Electric’s power electronics business in Spain from Siemens Gamesa. The financial terms of the deal were not revealed.
U.S. extends solar manufacturing tariff exclusions
The U.S. Trade Representative has extended the exclusion of 178 items from the Section 301 import tariffs that were put in place by the prior administration in 2024. The still standing tariffs include a 50% increase on solar cells.
California lawmakers urge CPUC to enforce utility interconnection timelines
A coalition of 18 California legislators has formally urged the California Public Utilities Commission (CPUC) to enforce regulations under “Rule 21” regarding the interconnection of customer-sited solar and energy storage systems.
