Chinese PV Industry Brief: Huadian connects second phase of 1 GW project
Huadian says it has connected the second phase of its 1 GW Tengger solar project to the grid in China’s Inner Mongolia region, while First Applied Material has extended the construction timeline for its Vietnam film encapsulation project to December 2025.
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
‘Never underestimate the power of a strong network’
This week, Women in Solar Europe (WiSEu) gives voice to Carol Murphy, Head of Independent Engineering for Onshore Renewables at UK-based OWC. She say, with more women joining the solar sector, it’s easier than ever to connect with peers across roles and organizations. “To any woman looking to enter this field, my advice would be to persevere. No matter the obstacles you encounter, if you’re passionate about a career in solar, there is a place for you,” she states.
Bslbatt launches low-voltage integrated battery storage system
China’s Bslbatt has unveiled its latest product: an integrated low-voltage energy storage system that combines inverters ranging from 5 kW to 15 kW with 15 kWh to 35 kWh battery storage systems.
Scatec secures financing for 60 MW of solar in Botswana
Norway’s Scatec ASA has reached financial close on a 60 MW solar plant in Botswana. The project will be developed as section of a broader 120 MW complex in the central part of the country.
Walmart, Nexamp to bring 31 community solar projects to five US states
Walmart and Nexamp have agreed to develop 31 community solar projects in Maine, Massachusetts, New York, Illinois, and Minnesota. They expect to deploy more than 120 MW of solar capacity.
Enel to retrofit battery storage at century-old pumped hydro storage plant
Enel will retrofit a battery energy storage system (BESS) at its pumped hydro storage plant in Bergamo, northern Italy. The EU-backed BESS will serve as an additional energy reservoir, ensuring an uninterrupted power supply.
Global solar module prices stable-to-firm as markets wind down for year end
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.
China Huaneng secures $2.1 billion equity boost for renewables expansion
China Huaneng Group has obtained CNY 15 billion ($2.1 billion) in equity financing for its renewable energy subsidiary, Huaneng Renewables, from five major state-owned entities. The deal, the largest renewable equity financing transaction of 2024, will reduce financial pressures for Huaneng Renewables and support its wind and solar projects.
Christmas Day forecast delivers solar surprises for some
In a new weekly update for pv magazine, Solcast, a DNV company, reports that, while much of the Americas will see cloudier weather than normal for the season, particularly in the eastern United States and parts of central Brazil, Europe’s solar outlook is split with high pressure over central regions bringing clearer skies to the Iberian Peninsula. Across Asia, cloud cover is expected for India and the Far East, while Australia’s northern and eastern regions are likely to enjoy abundant sunshine.
