US utility invests in Australian prefab PV system manufacturer
AES, one of the world’s largest power companies, has made a strategic investment in Sydney-based prefabricated solar system manufacturer 5B.
German PV tender concludes with lowest price of €0.0490/kWh
The country’s latest tech-specific PV tender was oversubscribed, but the final prices are slightly lower than those recorded in the last procurement round.
India to hit large-scale PV target of 60 GW by 2022
India’s cumulative renewables capacity will hit 120 GW to 125 GW by December 2022, with solar to account for about 50% of the total, according to a new report by ICRA.
Renewables met half Germany’s power demand in first half
The Federal Environment Agency said clean energy provided 8% more electricity in the first six months of the year than in the same period of 2019. Solar accounted for 28 TWh.
Portuguese consortium plans 1 GW green hydrogen cluster
A consortium will develop the huge project with Danish wind turbine maker Vestas by 2030.
PG&E, Tesla start building world’s biggest battery
The 182.5 MW/730 MWh Moss Landing energy storage system could eventually be expanded to 1.1 GWh – putting it on track to overshadow Tesla’s massive Hornsdale project in Australia.
Restrictions for solar on agricultural land may slow PV growth in Taiwan
Taiwan-based TrendForce says the nation added only 410 MW of solar capacity to the end of May, towards this year’s 2.2 GW target. The lower-than-expected deployment volume may be further hampered by new restrictions for PV on agricultural land introduced by the Council of Agriculture this month.
US racking company moves manufacturing to China
Despite strong revenue growth in its domestic market, Quick Mount PV – which was acquired by Netherlands-based Esdec last year – is abandoning its U.S. manufacturing to move overseas.
Solar PPA for 39 MW in Canada
The Royal Bank of Canada has agreed to buy 80,000 MWh per year from two solar parks now under construction in the province of Alberta. They will begin supplying power in April 2021.
Chinese PV Industry Brief: Higher cell prices, 1.2 GW module auction
Tongwei has revealed its PV cell prices for August, while Canadian Solar has announced plans to list shares of one of its units in China. Energy China, meanwhile, has kicked off an auction for 1.2 GW of solar panels.
