Markets

County officials in Texas have approved a tax abatement for Tesla to build a factory for its Megapack utility-scale storage product in the Lone Star State. The final approval is conditional on an agreement with city authorities.

Avaada Energy, SAEL, and Welspun Renewable Energy have won Gujarat Urja Vikas Nigam’s /GUVNL) 250 MW solar tender, with an option to expand by another 250 MW.

Corning, Suniva and Heliene are combining their strengths to produce what will be the first solar module with polysilicon, wafers and cells made in the United States.

In the first anniversary of the series and International Women’s Day, Women in Solar+ Europe, WiSEu, gives voice to Emiliano Bellini, News Director at pv magazine, to reflect on the topics and the impact of the series. He says the series features diverse real experiences of women in the renewable energy sector, engaging readers as each story offers a unique perspective. Emiliano highlights that the series emphasises the importance of mentoring for all genders and showcases women’s assertiveness and struggles with imposter syndrome. Emiliano advocates for refinement and the need to evolve DEI while freeing language in debates to allow for open conversations without fear of offense, encouraging growth from mistakes.

Svea Solar has entered into several land agreements with one of the world’s largest private forest owners to develop eight new solar parks in Sweden with a total capacity around 500 MW.

India’s solar capacity additions could double to 30 GW in fiscal 2025, with further growth driven by rooftop demand and policy support, according to SBICAPS.

The industry will reach the 1 TWh demand milestone in 2024, with China producing more than three-quarters of the batteries sold globally. The concentration of the production chain in the country has led to a fall in costs and a possible technological shift with the focus on LFP batteries. Cooperation between countries can be strategic to diversify the battery production chain and create sustained demand, assesses the International Energy Agency.

Between the application of the reduced VAT and the retroactive reduction in solar subsidies, a delay of eight months could spell disaster for the small-scale self-consumption power plant sector. The GPPEP, which defends these individual producers, warns of the risks for households wishing to equip themselves, but also for those with already installed systems who could find themselves without a contact for maintenance or repair of their installations. pv magazine France spoke with Joël Mercy, president of the association.

The main source of energy for the month was nuclear (22.1%), followed by hydroelectric (20.2%), wind (17.3%), photovoltaics (14%) and combined cycle (13.8%). In addition, 237 GWh were supplied to storage facilities and 1,214 GWh scheduled for export to neighbouring countries.

Vibe Energy, an Australian energy and infrastructure company, has energized the Nhill Renewable Energy Facility (NREF), its joint venture with Victoria-based regional water authority GWMWater.