Masdar secures deal to build 2 GW of solar in Iraq
The UAE-based developer wants to build several projects at unspecified locations in central and southern Iraq.
CO2 pricing may prevent cannibalization effect of wind and solar
According to a new study from a German-Swedish research group, conventional incentives such as renewable portfolio standards, feed-in tariffs or feed-in premium payments may likely lead to a price cannibalisation scenario for wind and solar. CO2 pricing, instead, is considered an efficient tool to maintain their market value high enough to ensure new investments. However, a total system cost approach, rather than an LCOE perspective, is needed to understand the strong dependence of market value on policy choice.
First reactions to Biden’s US ban on solar imports from China’s Xinjiang province
The Biden Administration’s decision to ban solar imports from four Xinjiang-based polysilicon manufacturers has already raised concerns. One analyst warns of a “significant negative impact” across the U.S. solar industry.
US government bans products from four Xinjiang-based solar manufacturers
The four manufacturers are Hoshine Silicon, Daqo, East Hope, and GCL New Energy Material.
Repsol commissions 90.5 MW in Spain, Amazon plans another 152 MW
Repsol has switched on 90 MW of PV in Spain and Amazon wants to build another large scale solar facility in the country. Both projects are located in the central region of Castilla-La Mancha.
Unsubsidized 50 MW PV project under development in Serbia
The project is being planned to sell power to the Serbian South East European Power Exchange (SEEPEX) or other off-takers under a power purchase agreement.
India added 1 GW of solar during Covid-hit April and May
The nation installed 1 GW of solar power capacity and 0.2 GW wind during the pandemic-hit first two months of the current fiscal year. The cumulative addition was double that of the same period during the previous year
Chinese PV Industry Brief: Cumulative PV capacity tops 260 GW
Furthermore, Aikosolar is seeking funds to build two solar cell factories totaling 16.5 GW, and China Huaneng Group (CHN) wants to deploy a 2 GW plant including agrivoltaics, floating PV and solar facilities built on fishponds.
Fortum to sell off 500 MW of India solar assets to Actis
The Finnish utility, which works primarily on a build-operate-transfer model in India, has signed an agreement to divest its 250 MW solar plant in Karnataka and 250 MW in Rajasthan to UK investor Actis. The transaction is valued at approximately €280 million and will enable Fortum to invest in building new projects.
Storing solar power with recycled batteries from Nissan
Acciona is testing four second-life batteries with a combined capacity of 130 kWh at its 1.2 MW experimental solar park in Tudela, in the Spanish region of Navarra.
