China Huadian has connected a 120 MW solar plant to the grid in the Tibetan city of Nagqu, which has an average altitude of 4,500 meters. The installation is reportedly the largest PV project in Tibet.
Longi and TCL Zhonghuan have announced wafer price cuts, Arctech Solar said it will supply 2.8 GW of single-axis trackers for solar projects in India, and Risen Energy has started mass production of its heterojunction (HJT) solar modules.
If Europe is to come up with its own Inflation Reduction Act moment, and incentivize a return of EU solar manufacturing leadership, it must lift state-aid related restrictions on the PV manufacturers who have announced a willingness to build 30 GW of production lines.
Masdar has signed a joint cooperation agreement with Yemen’s Ministry of Electricity and Energy to build a 120 MW solar plant in Aden. It will be the country’s first large-scale renewable energy project.
It has been another bumper year when it comes to innovative projects and applications in the solar and energy storage sector. But within that larger trend of innovation are a number of other trends to keep an eye out for.
Trina Solar has signed an 875 MW tracker supply deal with Samsung C&T for Qatar’s new “IC Solar” project, while Chint said it aims to sell up to 8 GW of residential PV assets by the end of 2023.
BloombergNEF Analyst Jenny Chase says the world installed 268 GW of new solar capacity in 2022, with annual installations expected to hit 315 GW in 2023. In a recent interview with pv magazine, Chase pointed to a large backlog of delivered PV modules in Europe that still have yet to be installed.
The Nepal Electricity Authority (NEA) is seeking bids for solar projects with minimum capacities of 1 MW, for a total of 100 MW across 16 sites. Members of the country’s solar association are demanding higher power purchase agreement prices in order to participate in the tender.
Copenhagen Infrastructure Partners has sharpened its focus on long-duration storage in Australia with the acquisition of the proposed Bowen Renewable Energy Hub project, which is expected to combine 1.4 GW of pumped hydro storage with huge solar and wind generation.
Poland’s Energy Regulatory Office has awarded 486 MW of solar in its latest renewables auction, which was largely unsubscribed. It allocated 150 MW for installations smaller than 1 MW, with a lowest bid of PLN 0.24477 ($0.056)/kWh, and 336 MW for larger installations, with a lowest bid of PLN 0.23677/kWh.
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