Asia

The company has landed the signature of state-owned body the Solar Energy Corporation of India, which awarded Azure 4 GW of solar farms in return for the developer committing to set up 500 MW worth of cell and module production lines.

In the third quarter of this year, around 677 MW of new PV systems were connected to the Korean grid, which is comparatively lower than in the same quarter a year earlier. According to local analysts, the market contraction is due to delayed permitting because of expanding siting restrictions.

The one-stop marketplace platform will be launched in the US market next year. It will help homeowners find the best combination of products depending on their consumption profile.

The state-owned oil and gas company is seeking bids to set up green hydrogen generation units with annual capacities of 5,000 MT and 2,000 MT, respectively, at two of its facilities in India.

This week, Russia joined forces with the United Arab Emirates to develop common hydrogen projects and similar moves were made by Chile and South Korea, Japan and Australia, as well as by France and Germany. French President Emmanuel Macron announced €2 billion in new investments.

Panasonic said the system is available in the U.S. with storage capacities of 17.1 kWh and 25.65 kWh. The product comes with a floor-standing battery cabinet and a hybrid smart inverter with 4 MPPTs.

Furthermore, China’s National Energy Administration (NEA) said residential PV installations totaling 1.93 GW were deployed in October alone and Heterojunction (HJT) solar new entrant Golden Solar became strategic partner of Gold Stone Energy Co Ltd.

Several black swans have been circling over this year’s solar PV industry: rising raw material and product prices; supply chain issues and international logistics holdups; and power shortages in China, to name but the most disruptive. How is it possible for solar companies to survive under these conditions? According to Dong Shuguang, a PV veteran and President of Talesun Solar, they must focus on solar technologies like PERC, TOPCon and HJT, and product innovations that provide customer value.

SJVN’s board of directors approved a plan to set ut a wholly-owned subsidiary for the development of solar PV, wind, storage, and green hydrogen projects.

While the Sino-Canadian business expects high polysilicon and shipping costs to be a temporary problem, CEO Shawn Qu has acknowledged the company will have overcapacity in cell and wafer production lines by the end of the year.