Indian Solar Installations Drop
Mercom Counts India To Have Installed 1.9 GW PV In Q1/2023 Taking Cumulative To Over 64.5 GW
Indian solar installations in Q1/2023 (CY 2023) declined by 48% annually and 30% quarterly to 1.9 GW according to Mercom India Research that counts the government’s decision to extend project commissioning deadlines for solar power projects under t.
Growth For Floating Solar With Growing PV Demand
Wood Mackenzie Pegs Global Cumulative FPV Market To Exceed 6 GW Threshold By 2031
Come 2031 and the global floating solar market is expected to pass the 6 GW threshold as demand for solar energy grows amid increasing concerns of land availability and rising costs for ground mounted PV projects, says Wood Mackenzie.
Statkraft’s Big Renewables Plans For Germany
Norwegian Energy Company To Build 2 GW Wind & Solar Capacity In Germany By 2030
Norwegian energy company Statkraft has unveiled its German market strategy saying it will target to install 2 GW wind and solar power capacity in the country by 2030, which will include building around 300 MW to 500 MW capacity annually from 2027.
Massive PV Manufacturing Complex In China
JinkoSolar Plans RMB 56 Billion Vertically Integrated Solar PV Production Compound In Shanxi
Leading Chinese solar manufacturer JinkoSolar Holding says its principal operating subsidiary Jinko Solar Co Ltd plans to build a gigantic manufacturing project in China’s Shanxi province with total annual production capacity of 56 GW for each of m.
Solar Power For Verizon In USA
Lightsource BP Commissions 173 MW DC Solar Plant In Indiana Under VPPA With Verizon
British solar developer Lightsource bp has switched on its 173 MW DC/152.5 MW AC solar power plant in Indiana state of the US with American wireless network operator Verizon entering a virtual power purchase agreement (VPPA) for the same to reduce its carbon emissions.
China Exported $52 Billion Solar In 2022
Wood Mackenzie Blames High Power Prices For 64% Annual Jump In Chinese Solar Exports
In the midst of growing calls for solar supply chain diversification globally, China continued to experience significant demand for its solar products having exported $52 billion worth of products in 2022 reflecting a 64% annual jump, according to an analysis from Wood Mackenzie.
IEA’s Clean Technology Manufacturing Report
Global Solar & Battery Manufacturing Project Pipelines ‘Well-Stocked’, But Need To Diversify Supply Chain
If all the manufacturing capacity projects announced to date were built by 2030, for solar PV it would ‘comfortably exceed the level needed’ as the International Energy Agency (IEA) estimates for net zero emissions (NZE) globally by 2050, but ann.
PPAs For Several GWs Solar In Saudi Arabia
ACWA Power Firms Plans For 4.55 GW AC PV In Saudi Arabia With SPPC Turning Offtaker
Saudi Arabia Procurement Company (SPPC) has turned offtaker for 3 utility scale solar power plants representing 4.55 GW AC capacity under power purchase agreements (PPA) signed with ACWA Power and the Water and Electricity Holding Company (Badeel).
Oklahoma It is For Enel In US
Italian Energy Giant Picks Inola To Locate 3 GW HJT Solar Manufacturing Plant Worth $1 Billion
Over 5 months after announcing its plans to establish a 3 GW heterojunction (HJT) solar panel manufacturing plant in the US, Italy’s Enel has finally picked Inola in Oklahoma as the location for its $1 billion fab that can be expanded to 6 GW under phase II.
OMCO Solar Expands Production Capacity
Solar Tracker & Mounting Supplier Opens 5th US Manufacturing Fab & Adds New Torque Tube Line
US based solar trackers and fixed-tilt solutions supplier OMCO Solar has launched a new manufacturing facility in its home country in the state of Indiana. It has also announced a new state-of-the-art torque tube line at its Pierceton, Indiana plant.
CSIQ Shipped Over 6 GW Modules In Q1/2023
Canadian Solar Grows Solar & Storage Pipeline; Reiterates 2023 Annual Shipment Guidance
Canadian Solar has reported 36% annual increase in net revenues for Q1/2023 with $1.7 billion thanks to increase in module shipments, but lower ASPs and lower revenues from utility scale battery storage and project sales pulled it down by 14% QoQ, no.
French Glass Producer Wants RE In India
Saint-Gobain To Procure 189 GWh Round-The-Clock Wind-Solar Hybrid Power From Vibrant Energy
France headquartered industrial products company Saint-Gobain has signed up a long-term power purchase agreement (PPA) with Macquarie Group’s Vibrant Energy for round-the-clock (RTC) power supply from a 100 MW DC/75 MW AC wind-solar hybrid project for its 6 local India sites.
Spanish Fossil Fuel Giant Targets Renewables in Italy
Repsol To Develop 1.7 GW Wind & Solar Energy Projects In Italy As Part Of Plan To Expand In The Renewables Field
Spain based oil and gas company Repsol has identified Italy as a geographical location to expand its renewable energy footprint and says it will develop 1.768 GW of renewable energy projects in the country, divided as 943 MW wind and 825 MW solar PV capacity.
Low Carbon Raises £310 million For PV
‘One Among Largest’ Private Construction Debt Facilities Of Its Kind For Renewable Energy
Renewable energy company Low Carbon in the UK has raised £310 million ($385 million) from a host of international lenders to support the construction of an additional 448 MW solar PV capacity in the UK and the Netherlands, moving the company forward.
Chinese Grip On Global Polysilicon Supply Firm
Tongwei Stays On Top Of Bernreuter Research’s Top 10 Polysilicon Producers List With 345,000 MT Capacity
Chinese polysilicon suppliers Tongwei, GCL Technology and Daqo New Energy continued to stay on the top 3 positions of Bernreuter Research’s world’s top 10 polysilicon producers list, while their compatriot Xinte Energy pushed Germany’s Wacker Chemie to the 5th position.
Growing Solar Glass Demand In North America
Qcells, Heliene & Meyer Burger Orders Prompt Canadian Premium Sand To Expand Capacity
Canada headquartered solar glass supplier Canadian Premium Sand (CPS) is expanding its annual production capacity to 6 GW after signing off-take agreements with Hanwha Solutions Corporation, Heliene Inc and Meyer Burger Technology AG for a combined 62% of planned output.
Expanding From Raw Silicon To Modules
World’s Leading Raw Silicon Supplier Hoshine Silicon Formalizes 20 GW Module Production Plans
Leading Chinese raw silicon supplier to the global solar PV industry, Hoshine Silicon Industry has confirmed its plans to enter solar module manufacturing after the company board gave a stamp of approval for it to set up a project with 20 GW annual production capacity in China.
SMA Solar Q1/2023 Sales Increase
EMEA Drives German Solar Inverter Supplier’s Business As Annual EBITDA Grows 305% To €60 million
Consistent high demand and electronic components supply chain improvement were major reasons for SMA Solar Technology’s 66.5% annual and 7.3% quarterly increase in Q1/2023 sales of €367.2 million, led by Europe Middle East and Africa (EMEA) region accounting for 73% share.
Italian Company Unveils Major Solar Ambition
Module Maker FuturaSun Goes For Vertical Integration; Announces 10 GW TOPCon Cell Manufacturing Plan
FuturaSun, the Italian solar module producer, has announced major solar offensive with plans to expand its footprint into n-type TOPCon cell manufacturing for a total of 10 GW annual capacity in China’s Huai’an in Jiangsu province.
