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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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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Exclusive: Lowest bid in second German PV tender EUR 0.01/kWh
In a response to a request from the Green Party, the German Government has said that bids for the countryÂ’s second pilot solar tender for ground-mounted PV systems are between EUR 0.01 and EUR 0.1098/kWh. They are declining to comment on the unit price or average value of the bids, however.
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