Markets & Policy
In highly regulated energy markets, policy decisions can make or break new technologies, strategies, and even entire industries.
Support from policymakers, in the form of procurement exercises, priority dispatch, tax incentives and a wealth of other instruments, has been vital to the global solar industry’s success, and new mechanisms to support growth in energy storage are an increasingly important part of the story today.
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India’s grid capacity puzzle
India is adding renewable energy capacity faster than transmission infrastructure can keep pace, and the consequences are now showing up in project economics, writes Vijay CS of Aurora Energy Research. The situation can change greatly from one substation to the next, meaning grid capacity is now a key consideration for deciding a new project’s location.
1 hour ago
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Citicore secures $552 million for 900 MW solar, 120 MWh storage portfolio in Philippines
Bank of the Philippine Islands, Land Bank of the Philippines and Development Bank of the Philippines have provided PHP 35.014 billion ($552 million) in financing for a portfolio of five solar projects totaling 900 MW and 120 MWh of battery storage in the Philippines.
Samsung SDI signs 1 GWh supply agreement for US-made NCA battery storage
South Korean manufacturer’s Michigan-based subsidiary will supply Alpha Omega Power with utility-scale battery storage. The supply agreement covers Samsung SDI’s containerized nickel cobalt aluminum (NCA) cell-based solution, Samsung Battery Box 1.7.
INA Solar, Caelux target perovskite-silicon tandem module production by 2028
INA Solar and US-based Caelux have signed a five-year agreement to commercialize 3 GW of perovskite-TOPCon hybrid-tandem solar modules in India, targeting efficiencies of up to 29% by 2028. The deal expands Caelux’s partnerships with Indian module manufacturers to scale next-generation solar technology.
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CIGS world-record holder, TSMC exits solar industry
Taiwan-based TSMC has announced it will exit the thin film industry, ceasing manufacturing activities at the end of August, due to the fact its “solar business is no longer economically sustainable.” All product warranties will be honored said the company, and all workers will receive employment offers.
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ReneSolaÂ’s net revenues continue to fall on back of downstream shift
ReneSola recorded a number of Q2 2015 losses which, it says, reflects its shift from upstream to downstream activities. In the second half of the year, it plans to develop and build over 300 MW of solar PV projects and increase Q3 net revenues.
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