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Markets

Australia launches multimillion-dollar green hydrogen auction with Germany

Investment confidence in Australia’s green hydrogen industry has received a $660 million boost following a joint declaration with Germany to negotiate supply chains that guarantee European buyers for Australian products.

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Taiwan installs 2.7 GW of new solar in 2023

Taiwan’s Ministry of Economic Affairs (MoEA) says the island added 2.7 GW of new solar capacity last year, bringing its total capacity to 12.41 GW by December 2023. Feed-in tariffs for installations up to 100 kW continue to drive the market.

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European Investment Bank invests in solar, wind in South Africa

The European Investment Bank (EIB) and Development Bank of Southern Africa (DBSA) are each investing €100 million ($110.8 million) in small- and medium-scale solar and onshore wind projects in South Africa. Together, they have now committed €600 million under South Africa’s Embedded Generation Investment Programme (EGIP).

Amea Power to build 1 GW of solar, 900 MWh of storage in Egypt

Dubai-based developer Amea Power has agreed to build a 1 GW solar plant with a 600 MWh battery energy storage system (BESS) and an additional 300 MWh BESS. This follows the signing of two power purchase agreements (PPAs) with Egyptian Electricity Transmission Co.

India launches 2 GW/8 GWh renewables-plus-storage tender

Solar Energy Corp. of India (SECI) has started accepting bids to set up 2 GW of renewable energy projects backed with energy storage systems for assured peak supply of 8 GWh. Bidding closes on Oct. 14.

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Chinese solar module prices fall despite price hikes in upstream segment

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.

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Lebanon launches tender for 8 MW solar plant

Lebanon’s Minister of Energy and Water has opened a tender for an 8 MW solar plant that will be publicly funded and connected to the medium-voltage grid to supply power to Electricité du Liban.

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Works begin on 1.4 GWh Inner Mongolia project combining lithium-ion, redox flow storage technologies

The Dengkou Renewable Energy Storage Project is billed as the largest single-capacity energy storage station under construction in China.

Italy’s first agrivoltaic tenders draws bids for 1.7 GW

Italy’s Ministry of the Environment and Energy Security (MASE) says it has received 643 bids totaling 1.7 GW in its first agrivoltaic tender. About 56% of the proposals have come from the country’s sunny southern regions.

Belgium to allow plug-in solar panels, batteries

Belgium’s transmission and distribution system operator says it plans to allow household solar panels and batteries with a plug and socket to connect to the grid from May 2025.

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