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2024

Solar PPAs viable in Saudi Arabia at prices above $26.10/MWh

Saudi scientists have determined the current price threshold for power purchase agreements (PPA) that could make large-scale PV and wind power projects viable in Saudi Arabia. They incorporated data from the 300 MW Sakaka solar farm and four potential utility-scale PV project sites.

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Solar home trends across top US cities, states

MarketWatch has studied Zillow listings to determine which parts of the United States have the highest number of solar-powered homes for sale per 100,000 people.

Northvolt secures $5 billion for Europe’s first circular gigafactory

Europe’s leading battery maker, Northvolt, has signed a $5 billion non-recourse project financing arrangement to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.

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The Hydrogen Stream: Plug Power commissions 1 MW PEM electrolyzer

A number of hydrogen projects are moving forward in the United States, Germany and Denmark. In other developments, the German state of Saxony is teaming up with other partners, including the Czech Republic, to set up a hydrogen network in Eastern Europe.

Albania launches 300 MW solar auction

The Albanian authorities aim to allocate 300 MW of solar capacity through a new procurement exercise, with projects ranging from 10 MW to 100 MW.

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TOPCon solar module production costs now at $0.16/W in China, says ETIP PV

New figures from the European Technology and Innovation Platform for Photovoltaics (ETIP PV) show that China can now produce tunnel oxide passivated contact (TOPCon) PV modules for between $0.160/W and $0.189/W. Costs in Europe, India and the United States, by contrast, could be as low as $0.243/W, $0.281/W, and $0.195/W, respectively. ETIP PV made the comparison based on production at a 10 GW integrated PV factory.

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Aira secures €145 million for heat pump expansion, manufacturing

Swedish heat pump manufacturer Aira has secured financing to expand its business, which targets the residential market. It has also obtained a grant to establish a heat pump production facility in Poland.

Has the US caught up with European agrivoltaic deployment?

With so much more agricultural real estate than Europe, the United States is building on the body of research built up across The Pond and rolling out solar panels on farmland at an impressive rate.

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Red Sea tensions set to drive up solar module prices

The costs of transporting a container from China to Rotterdam have already almost tripled due to ongoing tensions in the Red Sea and the Gulf of Aden. Houthi militants have been attacking merchant ships there for weeks, preventing them from entering the Red Sea and transiting through the Suez Canal.

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Reliance, Jindal, Adani secure electrolyzer capacity in SECI tender

Solar Energy Corp. of India (SECI) has awarded 1.5 GW of electrolyzer manufacturing capacity to eight companies in a recent tender.

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