Hong Kong finance fast tracks 1.9 GW battery, solar portfolio in Australia
Renewables developer Maoneng has teamed with Hong Kong-based real estate fund manager Gaw Capital Partners to fast track the development of a 1.9 GW portfolio of big battery and utility-scale solar PV projects in Australia.
Longi eyes green hydrogen market in India
Longi is entering the green hydrogen market in India with new alkaline electrolyser offerings. It also plans to roll out a next-generation Hi-MO solar module later this year.
PV production equipment sales soaring in Europe
According to VDMA, a German engineering association, there are now more orders coming in for German production equipment from Europe than from China. Nevertheless, shipments to Asia remain dominant.
Global polysilicon capacity could hit 536 GW by end of 2023
Clean Energy Associates said in a new report that it expects polysilicon production capacity to exceed PV installations next year.
JinkoSolar achieves 26.1% efficiency for n-type TOPCon solar cell
JinkoSolar has set another world record for n-type solar cell efficiencies with its TOPCon technology, this time reaching 26.1%. The new record was confirmed by China’s National Institute of Metrology.
India expected to annually deploy 35-40 GW of renewables until 2030
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
Philippines introduces priority dispatch for renewables, opens market to 100% foreign investments
The government of the Philippines has introduced a new preferential dispatch policy for renewable energy in the country’s wholesale electricity spot market. It has also started to amend the Renewable Energy Act to remove a 40% ownership cap on foreign investments in clean energy projects.
Qcells partners with Plenti to simplify home solar and storage financing
South Korean solar and battery manufacturer Qcells has partnered with finance lender Plenti to launch a home solar, energy storage, and virtual power plant (VPP) solution for Australian customers.
Indian state set to build 1.2 GW solar park
Bundelkhand Saur Urja Ltd. has opened bids from project management consultants for the 1.2 GW Jalaun Solar Park, which is now being developed in the Indian state of Uttar Pradesh.
World’s largest compressed air energy storage project goes online in China
The Chinese Academy of Sciences has switched on a 100 MW compressed air energy storage system in China’s Hebei province. The facility can store more than 132 million kWh of electricity per year.
