Adani calls US bribery allegations ‘baseless’
Adani Group has described recent US allegations of bribery for solar contracts as “baseless” and announced plans to pursue legal action in response.
Silfab secures $100 million for US solar cell production
Silfab Solar has secured $100 million to scale solar cell production in South Carolina. The funding includes a $50 million equity investment and a matching green loan.
Global solar module prices stable-to-soft as markets absorb news of U.S. election, policy changes
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Two off-grid solar-plus-storage parks inaugurated in Peruvian Amazon
The sites, with a total 9.6 MWp generation capacity and 13.5 MWh of energy storage, were built in the Loreto department by Amazonas Energía Solar for Electro Oriente.
AleaSoft notes drop in European electricity prices
AleaSoft Energy Forecasting says higher wind production and lower demand slightly dragged down electricity prices last week. However, weekly averages stayed above €100 ($105.36)/MWh in all analyzed markets, except for the Nordic market.
DMEGC Solar energizes 940 MW solar-fishery project
The 940 MW solar installation, deployed above fish ponds to create a complementary fishery-pv project, features over 1.9 million of DMEGC’S infinity series n-type solar modules.
Solar panel price drop in November may mark end of downward trend
Martin Schachinger, founder of pvXchange.com, says the 8% price drop in November for solar modules could mark the end of sustained declines, as market signals are pointing to a possible recovery.
Desert-to-Power initiative seeks project coordinator
The African Development Bank’s (AfDB) Desert-to-Power (DtP) initiative, which aims to install 10 GW of solar across 11 Sahel countries by 2030, is hiring a project coordinator. The application deadline is Dec. 20.
Azerbaijan awards 100 MW of solar with lowest bid of $0.0354/kWh
China’s Huantai Energy Co., Ltd. has secured a contract to build 100 MW of solar in eastern Azerbaijan, after submitting the lowest bid of $0.0354/kWh in the country’s first renewables auction.
China issues stricter investments rules for PV manufacturing
China has tightened investment rules for PV manufacturing, raising the minimum capital ratio for starting projects from 20% to 30%, according to new standardized guidelines announced by the government.
