Spain targeting 56 GW of new solar by 2030 under new energy strategy
The Spanish government says it aims to deploy 76 GW of cumulative PV capacity and 22 GW of storage by the end of this decade. The old version of the national energy strategy had set a PV target of 39 GW.
Falling raw material costs, energy prices push down European PPAs in May
Power purchase agreement (PPA) prices are falling in all European markets except for Spain and Portugal, according to Pexapark. The Netherlands and Great Britain have experienced the largest declines.
Spotlight on TOPCon: PI Berlin shares concerns about degradation
Asier Ukar, the director of PI Berlin Spain, discusses the importance of addressing the risks associated with tunnel oxide passivated contact (TOPCon) tech early on, even though it outperforms (passivated emitter rear contact (PERC) when considering standard and tangible indicators.
India’s Nithin Sai to start making solar panels with Mondragon Assembly line
Nithin Sai has revealed plans to begin making PV panels with a new Mondragon Assembly production line. The initial manufacturing capacity is set at 500 MW for M10, half-cut cells, with plans for a second-phase expansion to reach 2 GW.
PPA prices falling across Europe, says Pexapark
Pexapark says power purchase agreement (PPA) prices are falling in Europe, with prices in Spain and Portugal down by 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively.
Hurtigruten Norway plans wind-solar ship with 60 MWh of storage
Hurtigruten Norway. a cruise ship operator, said its new wind-solar-powered cruise vessel will be ready in 2030. It will have a storage capacity of 60 MWh.
Chile announces $2 billion tender mechanism for energy storage
The Chilean authorities plan to hold the first procurement exercise for large-scale storage projects in 2024, with the first systems expected to go online in 2026.
Cuba to hold 60 MW solar tender
The International Solar Alliance (ISA) is helping Cuba to launch its first solar energy procurement exercise. Interested developers have until July 20 to submit their offers.
Reusing silicon from end-of-life solar panels in EV batteries
Scientists in Belgium are exploring the potential of recycled silicon in solar modules at the end of their life cycle for reuse in low-cost, higher-energy-density storage technologies. They claim EV batteries using this silicon may allow faster recharging and travel longer distances on a single charge.
US Export-Import Bank provides $900 million for 500 MW of solar in Angola
The Export-Import Bank of the United States (EXIM) has awarded a loan to Angola’s Ministry of Energy and Water to deploy two large-scale solar power plants.
