Policy

Now Chinese state-owned, the developer appears to want to draw a line under a traumatic two-year period which saw its fortunes reversed in dramatic fashion. Effectively now part of China’s Shuifa construction conglomerate, the proposed new name is intended to reflect the fact.

Solar Energy Corp. of India will sign 25-year power purchase agreements for the projects, which developers will be free to build, own and operate anywhere in India.

Ursula von der Leyen’s newly-appointed EU Commission is facing an early test of its credentials with the European Council caught in the crossfire over citizen data rights. The renewables industry voiced fears yesterday, at a digitalization conference in Berlin, that overstrict data protection rules could kill data-driven business models while the media is set to portray any perceived weakening of the legislation as evidence of EU lawmakers being in thrall to the Silicon Valley internet giants.

The Munich-based group has reported a big impairment on its polysilicon production assets. The company cited the lack of a recovery in the PV project market, persistently low polysilicon prices and overcapacity in manufacturing, blaming state subsidies to Chinese rivals.

The 2.5 MW array will operate under a payment system which guarantees grid operators will not be left out of pocket.

The Danish Energy Agency allocated 252 MW of clean energy generation capacity, of which 83 MW was solar and 93 MW solar-wind hybrid facilities which included 34.1 MW of PV capacity. The average price premium to be paid on top of wholesale electricity rates to the successful bidders has fallen 30% in a year, prompting the authorities to muse they may be allocating too much public money to support such projects.

Egyptian manufacturer El Sewedy Electric has secured a contract from the authorities in Juba to build the $45 million project in Nesitu county. The African Export-Import Bank is financing the facility.

Tasmania’s ambitions of becoming the “battery of Australia” improved following early reports on the proposed Marinus Link, a second interconnector between the states of Tasmania and Victoria, which show that the project’s economic advantages far outweigh expected costs.

In what has been a crazy year for Nevada, the Public Utilities Commission is ending on an equally insane note by proposing 1 GW of energy storage to be deployed across the state by the last day of 2030.

A presidential decree has enacted a range of incentives for e-mobility roll-out with domestic content requirements increasing over time.