Solar modules now selling for less than €0.06/W in Europe
Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
World’s second-largest solar plant goes online in China
CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a total investment of approximately CNY 12 billion ($1.6 billion).
Italy allocates 322 MW of PV in latest renewables auction
The Italian authorities have allocated 410.6 MW of renewables capacity in the nation’s 15th procurement exercise for clean energy. Developers have offered a maximum discount ranging between 2.01% and 5.35% from the auction ceiling price of €0.07778 ($0.08272)/kWh.
Nepal allocates 960 MW in PV tender with lowest bid of $0.037/kWh
The Nepalese authorities had originally planned to allocate 800 MW of PV capacity through the procurement exercise. The 64 selected projects range in size from 5 MW to 50 MW.
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
UK grid operator calls for 47 GW of solar by 2030, deployed at 4.6 GW per year
The UK National Energy System Operator (NESO) has published its Clean Power 2030 Advice to Government, setting out pathways to decarbonize the power system of Great Britain by 2030. It calls for a threefold increase in the pace of deployment to hit clean energy targets.
Pexapark says European developers signed 24 PPAs for 1.19 GW in July
Swiss consulting firm Pexapark says European developers have signed 24 power purchase agreements (PPAs) totaling 1,196 MW in July, with a 27% month-on-month increase in capacity, led by solar deals such as Europe’s largest decentralized solar PPA in France.
Pexapark says European developers signed 23 PPAs for 944 MW in June
Swiss consulting firm Pexapark says the total capacity of signed power purchase agreements (PPAs) in Europe dropped 36% month on month in June. For the first time, no utility PPAs were recorded, as all deals were corporate.
‘From the next two years on we start to see battery supply in Europe’
At Intersolar Europe 2024, ESS News spoke with spoke with Paul McCusker, President EMEA Region at Fluence, about the company’s regionalization strategy and its ambition to bring a locally made products to its customers in Europe. McCusker also spoke about EMEA-region specific technology preferences and requirements, particularly regarding noise levels and safety. Additionally, he presented his views on battery price movements and key challenges to market growth.
Trina expects consolidation, diversification of technology in challenging market conditions
At Intersolar Europe 2024, pv magazine spoke with Helena Li, executive president at Trina Solar, about fierce competition and consolidation in the PV industry. She believes the strongest manufacturers will become stronger in the months to come and says only product diversification and innovation can help companies move ahead in the current overcapacity scenario.
