Germany Caps Ground Mounted PV Tender Tariff At €0.0737/kWh
Alarmed At Subdued Developer Participation In Auctions, Bundesnetzagentur Increases Ceiling Tariff For Ground Mounted Solar Systems
Considering increased project construction and operating costs for solar PV systems and higher rates for financing available to developers, German Federal Network Agency or Bundesnetzagentur has increased the ceiling tariff for ground mounted solar P.
Brazil Expects 298 New Power Generation Projects In 2023
Utility Scale Wind & Solar To Account For Over 90% New Power Generation Capacity To Come Online In Brazil This Year, Says ANEEL
The year 2023 will set a ‘new record’ for new power generation capacity coming online in Brazil, representing a total of 10.3 GW led majorly by large scale wind and solar power projects according to the country’s National Electric Energy Agency (ANEEL).
€13.5 Million Fresh Funding For Swedish Solar Startup
World Fund, Nordic Alpha Partners & Legal & General Capital Pool In €13.5 Million For Solar Roof Producer SunRoof To Expand In Europe & US
Eyeing growing demand for residential solar PV systems in Europe in the face of energy and climate crisis, Swedish solar roofs manufacturer SunRoof plans to use fresh funding of €13.5 million raised from climate tech investors to expand business in Germany, the Nordics, Poland and the US.
North America PV News Snippets
GameChange Solar Secures 2.3 GW Orders In Florida & More From Longroad, Engie, Duke Energy, NYISO
GameChange Solar’s 2.3 GW order win in Florida; Longroad Energy’s 285 MW DC solar and 215 MW AC860 MWh storage project enters construction; Engie acquires 1.25 GW capacity from Revolve; Juwi sells 175 MW PV to DESS; NYISO completes final interconnection study for 7.452 GW RE capacity.
India PV News Snippets
Loom Solar Secures $2 Million Funding From SIMA Funds Of US & More From Sterling & Wilson, Adani, REC
Loom Solar has secured $2 million funding from US’ SIMA; Sterling and Wilson’s 9M/FY2023 revenues drop 51% YoY; Essel divests stake in Rajasthan solar project to Adani; REC commits INR 10 billion for RE in UP under RUMSL MoU.
China PV News Snippets
Construction Begins For Jinko Power’s Saad PV Project & More From LONGi, JA Solar, Tongwei, Suzhou Boamax
JinkoPower achieves financial closing and go-ahead for its Saad PV project; LONGi bags 500 MW orders for Hi-MO 6 modules; JA Solar to supply modules of Qatar PV plant; Tongwei HJT double-glass module sets new record; Metal technology company Boamax expands in HJT production.
Expect US to Attract $114 Billion RE Investment By 2031
Wood Mackenzie Anticipates Over 78% Jump In Annual Renewable Energy Investment In US By 2031, Up From $64 Billion In 2022, Thanks To IRA
An initial assessment of the impacts of the Inflation Reduction Act (IRA) by Wood Mackenzie finds the US renewable energy industry can attract as much as $114 billion annual investments by 2031, which will be a growth from $64 billion in 2022 and com.
Australia’s ‘Very 1st’ Hybrid Solar & Battery Project Cleared
AEMO Green Signals Enel Green Power’s Solar & Storage Farm In Australia To Have Single Connection Point, A ‘1st’ In Country
Italian renewable energy giant Enel Green Power (EGP) has announced securing clearance from the Australian Energy Market Operator (AEMO) to build what it calls the ‘very 1st’ hybrid solar and battery project in Australia, enabling a single point of grid connection.
Greece Targets 34.5 GW Total PV Capacity By 2050
As Greece Revises National Energy & Climate Plan, Solar Is Seen As Largest Power Source In Long Run
Under its revised National Energy and Climate Plan (NECP), the Greek Ministry of Energy and Environment has carved out the largest power generation target for solar PV technology, aiming to grow the cumulative to 14.1 GW by 2030 and 34.5 GW by 2050, .
Bangladesh’s ‘Single Largest’ Solar Power Plant Commissioned
Indian EPC Rays Power Infra Grid Connects ‘Single Largest’ PV Project In Bangladesh’s Gaibandha District With 275 MW DC Capacity
Indian solar EPC firm Rays Power Infra has grid connected what it terms as the ‘single largest’ solar power plant in Bangladesh with 275 MW DC capacity in Gaibandha district’s Sundarganj in Rangpur division, equipped with more than 500,000 PV modules.
Europe PV News Snippets
EIB Backs PPC Renewables’ 230 MW Kozani PV Project In Greece & More From Technique Solaire, EDF Renewables, Lightsource BP, Cepsa
PPC Renewables raises €28.5 million from EIB; Technique Solaire’s maiden floating PV plant in the Netherlands; EDF Renewables UK gets NatWest as offtaker for 50 MW project; Lightsource bp selling 247 MW in Spain; Cepsa to invest in 400 MW in Spain.
Poland Launches Energy For The Countryside Program
EU’s Modernization Fund Backed Energia Dla Wsi Program In Poland To Shell Out PLN 1 Billion For Rural Renewable Energy Installations
Poland has launched a new state aid program called Energia dla wsi or Energy for the Countryside to award PLN 1 billion ($230 million) to encourage the use of renewable energy resources, including solar, with energy storage in rural and rural-urban communes.
China PV News Snippets
LONGi Hi-MO 5 Series Products Pass QVA Test & More From JinkoSolar, JH Solar, Sungrow
CSA/ANSI C450 test accreditation certificate for LONGi Hi-MO 5 series; JinkoSolar module facility put into operation; JH Solar partners with ROPYAL for cell modules; Sungrow Floating PV and Guangzhou Salvage Bureau to establish a JV.
RE Accounted For 22% Of EU’s Energy Consumption In 2021
Eurostat: Solar Fastest-Growing Source Among EU’s Share Of Renewables, Even As Other RE Technologies Hogged Bloc’s Gross Final Energy Consumption In 2021
The European Union (EU) will have speed up to increase the share of renewable energy in its gross final energy consumption to 45% by 2030, since Eurostat finds the share to have reached only 21.8% in 2021, with solar PV’s share is still small for t.
EU Promises Green Deal Industrial Plan For Clean Technology
EU Announces Green Deal Industrial Plan To Boost Investment In Clean-Tech Production; SolarPower Europe Calls It Significant Moment For European Solar Manufacturers
After Japan’s JPY 20 trillion Green Transformation Plan, India’s Production Linked Incentive (PLI) and the US’ $369 billion Inflation Reduction Act (IRA), the European Commission (EC) has finally promised state aid for clean tech manufacturing .
China PV News Snippets
DAS Solar’s Guizhou PV Module Facility Under Trial Production & More From Astronergy, Hongrun Construction, National Statistics Bureau
DAS Solar module facility reaches trial production; Astronergy receives carbon label certification; Hongrun to raise 1.5 bn for 5 GW n-type solar cells; Solar power generation rose by 3.2% in December.
Switzerland Introduces New Solar Subsidies Under HEIV
Solar Systems With 2 kW & 150 kW Range Eligible for New High One-Time PV Funding Program In Switzerland
The Government of Switzerland has introduced a new funding model targeting small scale solar PV systems commissioned from January 1, 2023, with the high one-time payment for photovoltaic systems (HEIV) under which up to 60% of investment costs for reference systems will be reimbursed.
China Exited 2022 With 87 GW+ New PV Capacity
China’s Cumulative Installed Solar PV Capacity Improved 28.1% YoY To 390 GW In 2022, With 87.41 GW New Additions Last Year
The National Energy Administration (NEA) of China has announced China to have installed 87.41 GW of new solar PV capacity in 2022, increasing the country’s cumulative deployed capacity by 28.1% annually to 390 GW.
China PV News Snippets
Xinjiang Lixin To Build 1 GW PV Plant In Manas & More from MedicalSystem, Huasun, CNBM
Xinjiang Lixin signs deal with Manas Government and Xinjiang Yue Hydropower Energy; MedicalSystem to invest in TOPCon factory; Huasun partners with Feixi government for 5 GW HJT; Construction begins for CNBM·Shangqiu PV glass production line.
Ivory Coast’s 1st Independent Solar Power Producer Project
AMEA Power Enters 25-Year Power Purchase Agreement With Ivory Coast Government For 50 MW Solar PV Project
UAE based renewable energy company AMEA Power will build a 50 MW solar power plant in Africa’s Ivory Coast as the country’s ‘1st’ solar independent power producer (IPP) project, after it signed a concession and power purchase agreement (PPA) for 25 years with the Government of Ivory Coast.
