Prices of China’s PV upstream segments rise, module prices hold steady amid bearish sentiments
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.
Rio Tinto to build large-scale solar project in Canadian Arctic
Australia-based Rio Tinto says it will build a solar plant in Canada’s Northwest Territories to supply electricity to its Diavik Diamond Mine, which is located about 200 km below the Arctic Circle.
Maxeon to build 3 GW TOPCon cell, module plant in New Mexico
Maxeon is set to invest $1 billion in the construction of a 3 GW TOPCon cell and module plant in the United States.
South Africa launches loan guarantee scheme to back C&I solar
South Africa has launched a loan guarantee scheme to support commercial and industrial (C&I) solar projects, with the goal of deploying 1 GW of rooftop PV capacity.
Vertical PV for breakwaters
The port of Valencia, Spain, is assessing the performance a vertical PV wall featuring 21 solar modules, with 8.6 kW of total capacity. A successful pilot project could pave the way for a larger vertical PV system on the port’s breakwaters.
Saudi Arabia to power green hydrogen project with 2.2 GW of solar
Sungrow has agreed to supply inverter technology for a 2.2 GW solar plant under development in Oxagon, Saudi Arabia. The PV installation, which will be the largest in the Middle East upon completion, will provide power for Neom Green Hydrogen Co.’s (NGHC) $8.7 billion green hydrogen project.
Bangladeh approves 50 MW solar project at $0.098/kWh
The Bangladesh Power Development Board (BPDB) has approved plans to build a 50 MW solar project in northwestern Bangladesh. The installation will sell power to the BPDB under a 20-year power purchase agreement (PPA) at a rate of $0.098/kWh.
Distributed solar as an antidote to illegal roof dwellings
Researchers in Taiwan are proposing a market-based incentive scheme to help property owners to move from using their roofs for illegal dwellings to rooftop solar power generation. They found these owners should be rewarded for solar power generation but also be compensated for the income loss due to the removal of illegal rentals.
Brazil imported 7.8 GW of solar modules in H1
Brazilian consultancy Greener says that Brazil imported 7.8 GW of solar modules in the first half of this year, down 21% year on year. However, it says a reduction in distributors’ inventories and module prices could drive up cost competitiveness in the second half.
Romania to launch first CfD renewable energy auction
Romania is set to launch its first auction for a contracts-for-difference (CfD) support scheme later this month. It will tender 2 GW of solar and wind capacity, backed by 15-year power purchase agreements (PPAs).
