UK allocates 1.9 GW of solar at $59/MWh
The UK government has announced the results of its latest renewable energy auction, originally planned for 2022. It was accessible to installations exceeding 5 MW in size, with 56 solar projects securing 15-year contracts-for-difference (CfDs).
China solar module prices dive to record low
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.
Solar dominated US generation capacity additions in H1, says Wood Mackenzie
Wood Mackenzie notes in a new report that solar accounted for 45% of US electricity generation capacity additions in the first half of 2023. It says that it expects 15% annual growth in PV installations through 2028.
SunCable completes sale to Grok Ventures, expands project scope
SunCable has completed its sale to Grok Ventures and has announced new project elements, including a subsea cable manufacturing and testing facility, while reiterating its plans to supply energy to Singapore via undersea cables.
Jetstream changes drive UK and Spain solar resource higher
In a new weekly update for pv magazine, Solcast, a DNV company, presents the solar irradiance data it collected for Europe in August. The UK saw on average 110% of normal August irradiance, with values exceeding this in the north. Spain and Portugal received 10-20% more than normal, due to reduced cloud.
Key takeaways from Brazil’s Intersolar South America trade show
The 10th edition of Brazil’s Intersolar South America trade show grew from last year’s event in terms of exhibitors and visitors. The Brazilian solar market is now on track to maintain its position as one of the world’s largest, despite a slight contraction this year.
India approves viability gap funding scheme for battery storage development
India aims to develop 4 GWh of battery energy storage systems (BESS) by 2030-31 through its viability gap funding (VGF) scheme. The selection of BESS developers for VGF grants will undergo a transparent, competitive bidding process.
Gambia launches tender to deploy 1,100 solar systems on public buildings
Gambia’s Sustainable Energy Services Company is launching a tender to install 1,100 PV systems, ranging from 2 kW to 240 kW in size, on 1,000 schools and 99 health facilities.
Livoltek to build 1.8 GW inverter factory in Brazil
Livoltek plans to build a 1.8 GW inverter factory in Manaus, northern Brazil. It says the facility will manufacture single-phase and three-phase devices.
Qcells to sign $3 billion supply agreement for US-made polysilicon
Hanwha Qcells will make sizable prepayments to help restart the REC Silicon plant in Moses Lake, Washington, by Nov. 1, with a goal of reaching full capacity by the end of 2024.
