Italy’s annual new solar additions hit 5.23 GW in 2023
Italy installed 5.23 GW of new solar in 2023, bringing its cumulative installed PV capacity to 30.28 GW by December, according to trade body Italia Solare.
Colombia assigns 4.4 GW of solar for $0.0182/kWh in latest energy auction
The Colombian authorities have allocated 4.4 GW of solar capacity at a rate of $0.0182/kWh in the nation’s latest energy auction, with solar plants accounting for approximately 99% of the assigned capacity.
Chinese PV Industry Brief: CNNC launches inverter procurement tender
China National Nuclear Corp. (CNNC), a Chinese state-owned nuclear producer, has revealed plans to procure 1 GW of inverters, while Mubon High-Tech said it may scrap its plans to build a 5 GW heterojunction solar cell factory in China’s Anhui province.
Pahal Solar expanding PV module capacity to 1.8 GW
India’s Pahal Solar says it is ramping up its solar module production capacity to 1.8 GW per year, from 800 MW at present.
PV and prices, the fast uptake of solar in Brazil
In a new monthly column for pv magazine, the International Solar Energy Society (ISES) reports that Brazil currently has more than 85% renewable electricity, mainly hydropower, but with rapidly growing shares of solar and wind power. With 2.3 million rooftop PV systems installed so far and more than 90 million consumer units still available to go solar, favourable energy policies and cheap PV are encouraging the fast uptake of solar in the country.
Sharp unveils all-black 425 W TOPCon solar panel with 21.76% efficiency
Sharp’s new IEC61215- and IEC61730-certified solar panels have an operating temperature coefficient of -0.30% per degree Celsius, with 21.76% efficiency.
Demystifying upcoming EU Ecodesign and Energy Label rules for solar PV
Ahead of the upcoming introduction of EU Ecodesign and Energy Label policy measures for solar PV products, SolarPower Europe brings some reflections on the topic, adding insights to the ongoing industry discussions.
BloombergNEF says global solar installations could hit 574 GW this year
BloombergNEF says in a new report that developers deployed 444 GW of new PV capacity throughout the world in 2023. It says new installations could reach 574 GW this year, 627 GW in 2025, and 880 GW in 2030.
‘Sustainable’ module prices unlikely to fall further
PV manufacturing analysis is revealing that module prices can not “sustainably” fall significantly in 2024 without producers selling below cost. UK-based analysts Exawatt delivered the development last week, in a trend observed by Australian market participants.
Panasonic presents air-to-water reversible heat pumps
The Japanese electronics manufacturer said its new heat pumps are suitable for commercial, industrial, and multi-dwelling residential applications. The new products feature a rated power ranging from 50 kW to 80 kW and a coefficient of performance spanning from 3.2 to 3.4.
