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Markets

Silver price surge drives PV makers to cut silver usage further

The price of silver rose above $44 per ounce this week after gaining more than 30% in six months, with silver expert Philip Newman telling pv magazine it could exceed $50 per ounce next year, raising pressure on PV module makers to curb silver use.

Survey backs Australia solar plan, doubts linger over Singapore exports

A Charles Darwin University study shows strong support for SunCable’s planned Australia-Asia PowerLink, but weaker approval for exporting its power to Singapore.

Qcells secures release of detained South Korean solar cells for US factories

US Customs has released Qcells’ South Korean solar cell imports for its Georgia factories after detaining them under the Uyghur Forced Labor Prevention Act (UFLPA).

China Three Gorges commissions world’s largest PV-CSP solar plant

Hybrid project pairs a 100 MW linear Fresnel concentrated solar power (CSP) with a 900 MW PV facility, delivering 24-hour output and demonstrating large-scale storage integration.

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Solar can boost Mauritania’s artisanal fishing sector, says IRENA

A report from the International Renewable Energy Agency (IRENA) says transitioning to solar-powered energy sources could help lower energy costs and bring more resilience to Mauritania’s artisanal fishing value chain.

Ukrainian city switches on solar arrays for local water utility

Solar systems with a combined capacity of 340 kW have been switched on at three water supply and wasterwater facilites in the west Ukrainian city of Chortkiv, designed to provide residents with uninterrupted water supply.

Europe’s largest sodium-ion battery installation goes live

Switzerland’s Phenogy has launched a megawatt-hour-scale sodium ion energy storage system at a commercial site near Bremen Airport in northern Germany. With this project, the Swiss manufacturer is making its debut on the European energy storage scene, backed by ambitions to develop fully vertically integrated local manufacturing.

Mexico launches tender for 300 MW solar plant

Mexican state-owned utility Comisión Federal de Electricidad (CFE) is seeking proposals for the Puerto Peñasco Secuencia III solar plant, which will also include 103 MW of battery capacity.

Lebanon inks three PPAs for 45 MW of solar 

Lebanon’s Ministry of Energy has entered into power purchase agreements with France’s CMA CGM for three solar projects each with a capacity of 15 MW.

EU policies could cut cost gap between European and Chinese solar modules

A report by SolarPower Europe and Fraunhofer ISE finds EU-made solar modules cost €0.103 ($0.12)/W more than Chinese imports, but targeted policies could close the gap and help reach the EU’s 30 GW annual manufacturing target by 2030.

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