Skip to content

Markets

Australia grants major project status to 6 GW power export plan

SunCable has welcomed the Australian federal government’s decision to renew major project status for its Australia-Asia PowerLink, which aims to deliver up to 6 GW of renewable power from the Northern Territory to industries and urban centers in Darwin and Singapore.

Italy launches floating PV tender

The Italian authorities have opened a tender to support the deployment of about 50 MW of floating PV capacity.

PowerChina breaks ground on world’s largest power generation-side battery storage project

On June 26, the construction of the world’s largest power generation-side energy storage project in Ulan Chab, Inner Mongolia, officially began. This 1 GW/6 GWh project, using lithium iron phosphate (LFP) technology, aims to enhance grid stability and support China’s renewable energy transition.

Japan’s 24th solar auction concludes with average final price of $0.028/kWh

Japan has allocated 79 MW of PV capacity in its latest procurement exercise. The highest price in the auction was JPY 7.79 ($0.054) /kWh.

Philippines seeks consultants for 7 MW solar project

Philippine National Oil Co. is searching for a consultant to complete a feasibility study for a 7 MW solar project on a canal in northeastern Luzon. The deadline for applications is July 15.

Researchers identify optimal level of solar, battery storage for European energy market

Researchers in Hungary have developed a model to calculate the optimal PV and battery storage balance to support the European grid in the next few years. They found that the cost-optimal range is at 530–880 GW of PV, combined with battery storage equivalent to 2.5–7.5% of the total intermittent capacity.

1

China moves to curb solar overcapacity, stabilize pricing

China’s top industry officials have vowed to curb low-price competition and excess capacity in the solar sector, as authorities begin implementing measures aimed at stabilizing supply chains and rebalancing the market.

Indian manufacturer opens solar frame factory

H&H Aluminium Pvt. Ltd. has opened a new solar panel frame manufacturing plant in India, with an annual production capacity of 24,000 metric tons.

US state unanimously passes bill for automated solar permitting

New Jersey lawmakers have unanimously approved legislation to remove solar permitting bottlenecks, marking a rare legislative success in the United States, as similar efforts in other states have fallen flat this year.

1

Spain pairs battery storage with 26% of new rooftop PV systems in 2024

Around one-quarter of all new rooftop PV systems installed in Spain in 2024 included battery storage, underscoring continual growth in distributed energy, despite a decline in total installed storage capacity.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close