Renewable energy has MIBEL recording lowest Euro prices in the final week of November
Strong solar and wind meant MIBEL recorded the lowest energy prices compared to the other major European markets in the final week of November, according to data collected by Aleasoft Energy Forecasting.
Engie starts building 400 MW of solar in India
Engie has secured a 400 MW solar project through competitive bidding in an auction by Gujarat Urja Vikas Nigam Ltd. (GUVNL). The project is set for commissioning by the second quarter of 2024.
Are Europe’s major solar associations divided, again?
An article published in French newspaper Le Monde recently sparked a war between two prominent European PV associations – the decades-old SolarPower Europe and the three-year-old newcomer the European Solar Manufacturing Council. pv magazine looked into the matter to unpick the potential long-term impact the rift could have on the sector.
New solar installations to hit 413 GW this year, says BloombergNEF
BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.
India’s Waaree secures US order for 1.5 GW of TOPCon solar modules
India’s Waaree has signed a three-year deal with Acciona to supply 1.5 GW of TOPCon solar modules for the Spanish developer’s PV installations in the United States from 2024 to 2026.
Maharlika Consortium wins Philippines microgrid tender
The Philippines Department of Energy says the Maharlika Consortium – representing three companies – will develop two microgrid hybrid solar and diesel generator power plants for “underserved” communities located on Panlaitan island and the island of Mindoro.
Renewables helping China to halve power prices compared to US, Europe
Wood Mackenzie says in a new report that China could install 230 GW of PV and wind capacity and export more than 200 GW of solar panels in 2023. Unlike Europe and United States, the country is avoiding the high curtailment of PV and wind.
Japan’s 18th solar auction concludes with lowest bid of $0.053/kWh
Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 7.94 ($0.053)/kWh, with 105 MW of allocated capacity.
Polysilicon prices could hit all-time low by year-end
Bernreuter Research says in a new report that it expects polysilicon prices to soon dip below the historical low of $6.75/kg, which was reached in June 2020. It says global polysilicon capacity could hit 2.95 million metric tons (MT) by the end of December, with just 200,000 MT of the total outside of China.
Chad launches tender for engineer to oversee 30 MW PV plant construction
The Republic of Chad has started accepting applications for a consulting engineer to supervise the construction of a 30 MW (AC) ground-mounted solar power plant – with a 60 MWh storage system, 90 kV line and 90/33 kV substation – near the national capital, N’Djamena.
