Markets

DYCM Power says it will build an $800 million solar cell and module factory in the United States, starting with 2 GW capacity and plans to expand to 6 GW.

Renewable Energy Expo India (REI) returns to Greater Noida at the start of October, for what will be its 17th edition. For the second year running, The Battery Show India will run concurrently with REI. pv magazine had the chance to catch up with Julian Thomas, Senior Project Director at show organizer Informa Markets, to discuss why electric vehicles and energy storage are now the key to India’s energy transition.

Shipment volumes are growing in the global solar tracker market as innovation in project development drives demand. Joe Steveni, of S&P Global Commodity Insights, takes a look at the factors shaping the commercial landscape for trackers, from agrivoltaics and undulating terrain to Indian ambition and the United States’ Inflation Reduction Act.

This year’s edition of the China International Energy Storage Expo (EESA EXPO) has underlined the latest energy density achievements in the battery energy storage space on both cell and system levels. Meanwhile, the sheer number of commercial and industrial (C&I) systems on display spoke of growing demand in this market segment. Alternative lithium-ion battery chemistries were not easy to find.

AleaSoft Energy Forecasting says lower demand and gas prices, combined with higher wind and solar output, pushed electricity prices down across Europe last week. France, Italy, and Spain also set daily solar production records for September.

The Solomon Islands Renewable Energy Development Project will finance two solar farms and a utility-scale grid-connected energy storage system on the Solomon Islands. The Asian Development Bank, Saudi Fund for Development, and Solomon Power are all financing the project.

DNV, an independent energy expert and assurance specialist, has unveiled a service that assesses the probability of hail events at the site of future solar projects across North America, covering a period up to 30 years.

Genex Power has signed an offtake agreement with Australian energy giant Stanwell Corp., supporting the development of the first stage of the 775 MW Bulli Creek solar and battery project planned for southeastern Queensland.

Lithuania’s SNG Solar is set to build a 100 MW solar plant in the port of Riga, Latvia. Upon completion, the facility will be one of the largest solar projects in the Baltics.

SunPower, one of the largest, oldest, and most influential solar businesses in the United States, has closed its doors. Residential solar installers in the United States have struggled as interest rates have risen and cash generation has emerged as an issue.