In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Chinese solar manufacturer Longi and Indonesian state-owned energy company Pertamina are planning to build a 1.4 GW solar cell and module production facility in West Java, Indonesia.
Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. (CREC) for $120 million, with both companies planning joint investments in solar and other renewable projects in Indonesia.
Indonesia and Singapore have signed a memorandum of understanding to develop a solar manufacturing supply chain in Indonesia’s Riau Islands province, as part of broader plans to enable cross-border clean energy trading.
HDF Energy (Hydrogène de France) has signed a tripartite agreement with Indonesia’s PLN and PT SMI to fund €2.3 billion ($2.6 billion) of hydrogen projects, while Thyssenkrupp Nucera says it will conduct a front-end engineering design [FEED] study for a 600 MW hydrogen electrolysis plant in Europe.
TotalEnergies and RGE have signed a co-investment agreement to develop and operate a solar-plus-storage project in Indonesia. The utility-scale plant will be built and managed by Singa Renewables, their equally owned joint venture.
The Indonesian province of Bali plans to scale up rooftop solar installations across government buildings, public facilities, and businesses to reduce dependence on fossil-based electricity.
SEG Solar, a US-based PV module manufacturer, has commissioned a solar cell factory in Indonesia and produced its first n-type cell at the facility.
The European Commission has cleared a €400 million ($455.2 million) Spanish aid program to scale renewable hydrogen output, backing up to 345 MW of electrolyzer capacity and targeting 221,000 tons of production via the EU Hydrogen Bank’s 2025 auction round.
Singapore-based solar manufacturer Gstar Solar has received the first of 120 monocrystalline growth furnaces to be delivered to its new 3 GW wafer manufacturing facility in Indonesia.
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