Major Chinese companies such as Tongwei, Daqo, and GCL-Poly have cut silicon production, driving concerns over rising polysilicon prices.
China Power Construction Corp. (PowerChina) is set to develop 530 MW of solar in Panama after securing an engineering, procurement and construction (EPC) contract from local firm Sajalices Energy Co.
BatX Energies says it has opened a lithium battery recycling facility in India to extract critical materials using a hydrometallurgical process.
DRI has signed Romania’s largest-ever power purchase agreement (PPA) with OMV Petrom, covering three solar projects and 100 GWh of annual generation.
Figures from Poland’s Energy Regulatory Authority (URE) show that solar accounted for 198 of the 200 successful bids awarded under the country’s latest renewables auctions. Auctions covering hydroelectric power plants, agricultural biogas plants, and biomass went unresolved due to a lack of valid offers.
SinoLink Securities says aluminum frames now dominate solar panel costs, as material price shifts reshape the cost structure of the PV industry and drive the need for innovation.
BloombergNEF says green hydrogen will fall from a current range of $3.74/kg to $11.70/kg to between $1.60/kg and $5.09/kg by 2050, while Longi Hydrogen has secured a conditional $6.14 million equity investment and cooperation agreement with HydrogenPro.
The South African government has named preferred bidders for 16 renewable energy projects, totaling ZAR 44.2 billion ($2.4 billion) in investments, to drive solar and battery development.
Emirates Water and Electricity Co. (EWEC) says it has secured four sites in the United Arab Emirates to develop 4.6 GW of solar and wind projects.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that the Meteosat Third Generation (MTG) satellite is now beginning operational testing. The new satellite will offer sharper and more detailed, frequent imagery, providing a significant boost to solar irradiance estimates.
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