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Markets & Policy

Up to 3 years needed to develop PV projects in Germany

Approvals and planning procedures for solar parks are a major bottleneck for the energy transition. pv magazine recently spoke with a project developer about constraints and opportunities in Germany, ahead of the pv magazine Roundtables on June 28.

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Philippines allocates 1.57 GW of solar in 2 GW renewables auction

The main winner of the first renewables auction in the Philippines was developer Solar Philippines Nueva Ecija Corp. (SPNEC), which secured five solar projects, or 1.35 GW of capacity.

UAE aluminum maker enters silicon metal, polysilicon business

Emirates Global Aluminium (EGA) wants to produce silicon metal to create an integrated supply chain for the PV industry in the United Arab Emirates.

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The weekend read: The stakes are high for solar and green finance

Despite worldwide net-zero pledges, a new EU sustainable debt taxonomy, an urgent need to address the climate crisis, and record sustainable debt investments, the world still has a long path to tread to meet its climate goals. Next week at pv magazine’s European Roundtables event and in the third quarter of our UP Initiative, we will focus on green finance. Specifically, what steps have been made in the past two years? Will sustainability-linked bonds gain traction? What supporting policies and standards are in place or required? And what can solar companies do to be ESG-ready?

Iran pre-qualifies 85 bidders for 4 GW solar tender

The Iranian authorities will choose development proposals from domestic and foreign investors for solar projects ranging from 10 MW to 250 MW in size. The selected developers will be awarded 20-year power purchase agreements at a fixed tariff.

Chinese PV Industry Brief: Polysilicon prices hit high of $41.80/kg

Average polysilicon prices ranged from CNY 273 ($40.82)/kg to CNY 280/kg this week, according to an industry association in China.

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Sun Cable project secures support of Infrastructure Australia

Sun Cable’s massive AUD 30 billion ($20.7 billion) Australia-Asia PowerLink project has passed another major milestone by obtaining approval from Infrastructure Australia.

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First Solar bags 2 GW module order in US

National Grid Renewables and First Solar have partnered on multiple projects in the past, including the 200 MW Prairie Wolf Solar Project in Illinois and the 275 MW Noble Solar and 125 MWh Storage Project in Texas.

European loan to fund 107,000 home solar panels in Benin

The European Investment Bank says a new €10 million ($10.5 million) loan will offer electricity access to almost 650,000 people in Benin.

Summit Power seeking approval for 50 MW of floating solar in Bangladesh   

Summit Power said it aims to set up a 50 MW floating solar plant on a body of water at the Barapukuria coal power plant in northwestern Bangladesh.

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