India’s SECI launches 1.5 GW solar tender
Solar Energy Corp of India (SECI) is accepting bids to set up 1.5 GW of solar PV power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission system. Bidding closes on Feb. 23.
Chinese PV Industry Brief: Aiko Solar secures 2.5 GW module order
Aiko Solar has entered into a strategic cooperation agreement with Tianjin Energy Group, a state-owned energy enterprise based in North China.
Puma Energy acquires 49% stake in MBHE
MBHE, a southern African solar company, says the new partnership with global energy business Puma Energy will enable it to maintain an aggressive growth strategy and access a larger network of commercial and industrial clients into Sub-Saharan Africa.
China polysilicon prices fall 51.8% year-on-year amid supply glut
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.
Australian developer to add 80 MW battery to 120 MW solar project
Frontier Energy has revised its strategy for the first stage of the proposed Waroona Renewable Energy Project, now under development in Western Australia, to include a four-hour, 80 MW battery energy storage system, in a move that is expected to offer significantly better economic outcomes than solar alone.
Avaada to develop 6 GW of hybrid wind-solar capacity in India
Avaada Group has signed an agreement to develop 6 GW of hybrid wind-solar projects in India, with an investment of about $4.8 billion.
Summer surprises: Brazil swelters as Argentina soaks through December
In a new weekly update for pv magazine, Solcast, a DNV company, reports that Brazilian solar power production outperformed December expectations, with most of the country’s utility scale assets receiving irradiance well above average irradiance. Argentina saw storms through the month, though the south of the country stayed mostly dry and saw some of the highest daily irradiance across the continent.
Solar corporate funding hits decade-long high in 2023
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.
Saudi Arabia in prime position for green hydrogen in global energy landscape
An international research team has provided an overview of global trends and best practices for hydrogen adoption and investment in Saudi Arabia.
US government identifies 22 million acres for solar in western states
The Western Solar Plan, which will govern the leasing of US public land for solar, has been updated for the first time in more than a decade. It has identified 22 million acres (8.9 million hectares) that are best suited for solar development across 11 featured states.
