Turkey has awarded 800 MW of solar capacity in its latest PV tender, with the final price set at $0.0325/kWh. The authorities selected six projects ranging from 40 MW to 385 MW.
Ember, a London-based energy think tank, says in a new report that Turkey’s cumulative installed PV capacity has doubled to 19.6 GW in just two and a half years, driven by a surge in self-consumption projects.
GCL Technology cut granular silicon production costs by 15% to CNY 28.17 ($3.87)/kg in the fourth quarter of 2024, down from CNY 33.18 in the previous quarter.
An international team researching wide bandgap perovskite films announced an effective technique to control the crystal orientation without compromising charge transport. The new approach was demonstrated in an all-perovskite tandem solar cell with an open-circuit voltage of 2.21 V and certified power conversion efficiency of 29.1%,
Algeria, Austria, Germany, Italy, and Tunisia have agreed to develop the Southern Hydrogen Corridor linking North Africa and Europe, while Sungrow Hydrogen has signed a deal to supply electrolysis gear for ACME’s 320 MW green ammonia project in Oman.
Five major Chinese PV manufacturers issued profit warnings this week.
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
The solar industry has dragged its heels on the issue of silver-dependence for cell metallization, but China’s Jiangsu Xianghuan Technology (JXTC) is moving into commercial production with a copper plating process that overcomes many of the challenges that have limited interest from cell manufacturers.
The agreements provide for the installation of carbonate industrial plants in the department of Potosí, which will receive royalties and investments of around $2 billion.
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