Indian state of Gujarat state tenders 1 GW of solar
Gujarat Urja Vikas Nigam Ltd. (GUVNL) has started accepting bids to develop up to 1 GW of solar projects, to be set up on a build-own-operate basis.
Chinese PV Industry Brief: Guosheng starts building 10 GW HJT cell factory
Guosheng says it will invest CNY 5.2 billion ($722 million) in a new 10 GW heterojunction (HJT) solar cell production facility.
China expected to dominate solar manufacturing through 2026
A Wood Mackenzie report forecasts that China will hold more than 80% of poly, wafer, cell and module manufacturing capacity for the next three years.
UK grid operator streamlines 10 GW of battery storage
Plans to connect around 10 GW of battery energy storage projects in England and Wales are now in the fast lane. This comes on top of 10 GW of capacity unlocked at distribution level, including shovel-ready solar farms, onshore wind, and battery storage projects.
India’s NTPC tenders 3 GW of renewable storage
NTPC, an Indian state-run power producer, recently tendered 3 GW of renewable storage and an engineering, procurement and construction (EPC) package for 630 MW of solar projects.
Portugal’s prime minister under investigation for alleged lithium, hydrogen corruption
Portuguese police today raided the residence of the country’s Prime Minister, António Costa, as part of a corruption probe involving lithium and hydrogen. Ministers of Climate Action and Infrastructure, Duarte Cordeiro and João Pedro Matos Fernández, have also been declared formal suspects.
Record-high wind energy production in Italy while Euro electricity prices slide
The Italian market set a record high of 846 GWh of wind energy generation during the first week of November. Meanwhile, European electricity demand decreased over the same period and the MIBEL market registered 19 hours of €0.00/MWh ($0.00/MWh) prices.
India’s NHPC allocates 3 GW of solar for $0.030/kWh
NHPC has allocated 3 GW of solar capacity at a rate of $0.030/kWh to developers who can set up projects connected to the interstate transmission system across India.
NREL forecasts rising US utility-scale solar costs, falling residential prices
The US Department of Energy’s National Renewable Energy Laboratory (NREL) has updated its annual cost modeling tool in light of the US Inflation Reduction Act (IRA). It has identified higher labor costs for utility-scale solar projects and falling hardware costs due to new manufacturing tax credits.
Israel’s Teralight to buy 16.5 MW rooftop PV portfolio
Israeli developer Teralight says it is buying 16.5 MW of solar projects for ILS 25 million ($6.4 million) from gas supplier Electra Power. It expects to generate ILS 320 million of income over the lifetime of the projects.
