EU Parliament’s vote on Net-Zero Industry Act prompts mixed reactions
European solar lobby groups have mostly welcomed the European Parliament’s recently supported EU Net-Zero Industry Act, which is aimed at strengthening the region’s renewables manufacturing sector. However, two groups are divided over a clause in the Act that limits tendered project’s from using technology partially made outside Europe.
India set for 16 GW of solar this fiscal year amid falling module prices
Falling PV module prices are set to enhance investment returns for the 45 GW of solar projects that have been awarded since fiscal 2021, with expectations for 16 GW of new capacity in the current fiscal year, says CRISIL Ratings.
Former coal-plant big batteries win Australian storage tender
More than 1 GW of firmed storage capacity is set to be delivered by six winning projects from a recent tender in the Australian state of New South Wales. Akaysha Energy’s 415 MW/1,660 MWh battery in Wellington and AGL’s 500 MW/1,000 MWh Liddell battery are the round’s two biggest projects.
The Hydrogen Stream: EU to launch 2nd green hydrogen auction in spring
As the European Union launches the first pilot auction this week, it also announces it will double down in spring, while also supporting a collaboration with Brazil for the construction of a production facility to be used in Croatia.
Self-financed solar array destroyed in Lebanese farming village
One of the project architects behind a solar power system in a southern Lebanese village tells pv magazine that the 200-panel array – which pumped water from an underground well for roughly 400 families – was allegedly destroyed earlier this month by Israeli forces. The community needs help rebuilding it, he says.
Netherlands combats grid overcapacity with flexible contracts for PV owners
A pet food manufacturer with a 5.6 MW solar plant has secured the first capacity limitation contract in the Netherlands, ensuring compensation for electricity curtailment during peak hours.
Chinese PV Industry Brief: January-October PV installations hit 142.5 GW
China’s National Energy Administration (NEA) says the nation installed 142.5 GW of solar in the first 10 months of this year, bringing it to nearly 540 GW of cumulative installed PV capacity by the end of October.
Record-high PV energy registered in Spain, massive wind in Germany
According to data collected by Aleasoft Energy Forecasting, roughly 84 GWh of solar energy was recorded on one day in Spain while Germany recorded 910 GWh of wind energy generated on another November date.
Germany’s tender for rooftop PV concludes with average price of €0.0958/kWh
Through the procurement exercise, the German authorities allocated 191 MW of rooftop PV capacity.
European warehouses to stock 65 GW of excess modules by 2023-end
Research firm EUPD Research says that the European Union’s (EU) solar PV module excess inventory reached 47.2 GW in 2022 and may hit 40 GW in 2023. In a new report provided to pv magazine, the company forecasts the EU may install 60 GW of new PV capacity this year with Chinese solar module imports hitting about 100 GW.
