8.7 MW Floating Solar Plant In France
Akuo Energy Brings Online Cintegabelle Floating Solar Plant; Working On Another One In Landes
French independent renewable energy producer Akuo Energy has commissioned its 2nd floating solar plant with 8.7 MW capacity, near Toulouse in Southern France and is getting ready to bring online its 3rd such project in Gouts, near Landes in the country this autumn.
Jinchen Bags Biggest Overseas Deal Ever
India’s Waaree Contracts Chinese PV Equipment Maker To Deliver 10 GW Module Automation Line
Chinese solar PV equipment manufacturer Jinchen Co Ltd has secured its biggest overseas deal ever for 10 GW high efficiency PV module automatic production line from its existing customers Waaree Energies Ltd, a deal that shows the remarkable developm.
5 GW RE Partnership In Spain
Grupo Ibereolica Renovables To Supply Clean Energy For Cepsa’s Green Hydrogen Projects
Spanish renewable energy company Grupo Ibereólica Renovables has signed an agreement with Cepsa to supply renewable energy from up to 5 GW capacity of solar PV, wind and hybrid wind-solar projects in Spain for the latter’s green hydrogen projects in the country.
Silicon Joint Venture In Malaysia
Japan’s Tokuyama Joins Hands With South Korea’s OCI For 10,000 MT Semi-Silicon Production Fab
Japanese chemicals producer Tokuyama has joined hands with South Korean polysilicon producer OCI to explore the opportunity to develop a semiconductor-grade polycrystalline silicon manufacturing fab with around 10,000 MT annual production capacity in Malaysia.
‘Largest Absolute Increase Ever’ In Renewables
Solar PV Leads The Way In IEA Forecast Of Over 440 GW New Global Renewable Energy Capacity In 2023
Solar PV is to lead renewable energy installations in 2023 and 2024, forecasts the International Energy Agency (IEA) with the ‘largest absolute increase ever.’ Renewables will add 107 GW more, growing to over 440 GW to be installed within this .
Italian PV Company Acquires Perovskite Firm
FuturaSun Ventures Into Perovskite Solar Cell Technology With Solertix Acquisition In Italy
After announcing its decision to foray into solar cell manufacturing, Italian solar module manufacturer FuturaSun is further expanding its technology portfolio with the addition of perovskites through the acquisition of University of Rome Tor Vergata spin-off Solertix.
Also Wafer Prices Going Downhill
Soon After SNEC, LONGi Slashes Solar Wafer Prices By Up To 32% – And This Is Not The End
After 2 years of high prices in the solar PV value chain, mostly for polysilicon, things are getting better as more capacity comes online bringing down its prices for the key raw material of solar wafers.
CSIQ’s Chinese IPO Moves Forward
Canadian Solar Aims To Raise RMB 6 Billion Via Chinese IPO To Sell Almost 16% Stake In Subsidiary
Canadian Solar has priced per share of its majority owned subsidiary CSI Solar Co Ltd at RMB 11.10 ($1.56) for its initial public offering (IPO) on the Sci-Tech Innovation Board of the Shanghai Stock Exchange (SSE), to raise approximately RMB 6 billion ($844 million).
Next Gen Wafer Production In Germany
NexWafe Raises €30 Million For Maiden Factory In Bitterfeld; Announces Saudi Arabia Fab Plans
German solar wafer manufacturer NexWafe has raised €30 million financing from current and new investors including Reliance New Energy Limited for its maiden manufacturing fab in Germany’s Bitterfeld, and plans to establish a new green manufacturi.
Solar Projects Pipeline Swelling
World Expands Solar Projects Pipeline By Around 200 In Last 6 Months; Asia Alone Accounts For 200 GW+, Says BMI
A Fitch Solutions company, BMI, says the global solar PV project pipeline has expanded by 197 facilities over the last 6 months, led by the North America and Western Europe (NAWE).
Largest Agri-PV Project In Italy
Engie Inaugurates 66 MW DC Agrivoltaic Facility In Sicily Under PPA Contract With Amazon
France’s Engie has commissioned what it terms as the biggest agrivoltaic park in Italy with 66 MW DC/50 MW AC installed capacity and the 1st agrivoltaic project in the country conceived on the basis of a corporate power purchase agreement (PPA) bet.
Solar Attracting Big Bucks
IEA Says Solar To Lead Clean Energy Investments in 2023, Attracting Over $1 Billion/Day
In 2023, global investment in clean energy is forecast by the International Energy Agency (IEA) to rise to $1.7 trillion out of $2.8 trillion to be invested in energy with solar getting more than upstream oil for the 1st time ever—in absolute terms.
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).
