Markets & Policy

Steel manufacturer SSFG and backsheet maker First PV have created a new company to deploy 950 MW of BIPV capacity in China over the next five years. Moreover, China General Nuclear Power Group (CGN) began selling electricity on the country’s green power trading platform and inverter maker Ginlong Solis has decided to team up with State Power Investment Corporation (SPIC).

Italy’s richest and most dynamic region continues to support solar+storage installations with rebates.

ReNew Power has completed a new PV facility in Rajasthan that will sell power to Solar Energy Corp. of India at a tariff of INR 2.55/kWh ($0.035).

Some time ago, when I lived in the center of Berlin, I was a regular at the farmers’ market to buy fresh fruit and vegetables. One greengrocer advertised his wares with the words “cheap today, expensive tomorrow.” It would almost be desirable if we PV wholesalers could offer our modules with a similar slogan. Unfortunately, no one in the industry can currently claim that solar modules are cheap – quite the opposite. Following a brief respite, prices have climbed again in recent weeks. Since the previous low in September 2020, prices for new, grade-A goods have already risen by an average of 20% to a level not seen since April 2019.

An independent third-party has approved the European Commission’s safeguards to ensure the projects in member states financed by €250 billion of green bonds over the next five years, will have genuine emission reduction credentials.

Rollercoaster stocks, unpredictable interest rates and continuing Covid chaos on global exchanges have apparently convinced the developer to invest in what it deems is a safer bet.

The Latin American country may see unprecedented growth for PV systems not exceeding 5 MW in size during this decade, according to Brazil’s state-run Empresa de Pesquisa Energetica (EPE) agency. New rules now under discussion in the parliament may further boost this market segment and lead, eventually, to another 30 GW of installed solar power.

The Suzhou-based tracker maker has opened a wind lab that can simulate speeds of up to 90m per second and will enable it to better advise customers on solar project design.

Maxwatt Solar has built a PV system that is purportedly India’s largest residential on-grid residential solar installation, with 540 Wp modules. It uses 68 of JA Solar 540 Wp half-cell mono PERC modules and a 27 kW Fronius inverter.

A call for grant proposals has been promised this month, with the bloc’s executive yesterday firing the gun on a separate exercise related to cross-border EU energy infrastructure projects.