China module prices hold steady
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.
The economics of solar grazing
Researchers at the University of Illinois have conducted a survey, combined with prior research, outlining solar grazers’ investments and earnings. The report also delves into complex grazing business plans on large utility-scale solar facilities.
Portugal grants 5 GW of grid-connection permits, mostly for PV
Portugal’s Ministry of the Environment has awarded 5 GW of grid-connection permits, primarily for PV projects. These permits cover 5 GW for power plants linked to the high-voltage transmission network and an additional 1 GW for projects connected to E-Grids at lower voltage levels.
WoodMac predicts 270 GW of new global PV capacity in 2023
Wood Mackenzie expects 270 GW of new global PV capacity in 2023, up 33% year on year. However, the annual growth rate is anticipated to fall to 1% in 2024 and to increase again by 5% in 2025.
India tenders 1.5 GW of renewables storage
Solar Energy Corp. of India (SECI) has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on Sept. 15.
PVC knife-scratch coated fabric to increase albedo, energy yield in bifacial PV
China-based Halead is offering a reflective material for ground-mounted bifacial PV projects, which it claims can increase the annual power production of a solar plant by over 9%. Germany’s TÜV SÜD certified the performance of the solution.
Financing implementation of solar energy solutions in the Pacific Island countries
The International Solar Alliance said that securing financing for renewable energy projects in Pacific Island Countries (PIC) may be complex due to the need for stand-alone solar energy systems and mini-grids, which to be viable for larger investments would require aggregation at a sectoral or programmatic level to become feasible. In its monthly column for pv magazine, the organization describes the types of finance required to scale technologies.
Cox Energy finalizes acquisition of Abengoa
Cox Energy secured the assets of Abengoa in April 2023. Abengoa began insolvency proceedings for its main business unit in May 2022.
Turnkey solution for self-sufficient electricity, heat supply from hydrogen
Germany-based Ostermeier H2ydrogen Solutions has developed a containerized solution to produce heat and hot water from hydrogen. It includes a photovoltaic inverter, a battery, a heat pump, a heat and cold buffer storage system, an electrolyzer, a compressor, and a fuel cell.
Tata Power secures PPAs for 350 MW of solar projects
Tata Power Renewable Energy will develop 200 MW and 150 MW solar projects for Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The installations will be located in the Indian state of Maharashtra.
