Markets

Trina Solar has signed an 875 MW tracker supply deal with Samsung C&T for Qatar’s new “IC Solar” project, while Chint said it aims to sell up to 8 GW of residential PV assets by the end of 2023.

BloombergNEF Analyst Jenny Chase says the world installed 268 GW of new solar capacity in 2022, with annual installations expected to hit 315 GW in 2023. In a recent interview with pv magazine, Chase pointed to a large backlog of delivered PV modules in Europe that still have yet to be installed.

The Nepal Electricity Authority (NEA) is seeking bids for solar projects with minimum capacities of 1 MW, for a total of 100 MW across 16 sites. Members of the country’s solar association are demanding higher power purchase agreement prices in order to participate in the tender.

Copenhagen Infrastructure Partners has sharpened its focus on long-duration storage in Australia with the acquisition of the proposed Bowen Renewable Energy Hub project, which is expected to combine 1.4 GW of pumped hydro storage with huge solar and wind generation.

Poland’s Energy Regulatory Office has awarded 486 MW of solar in its latest renewables auction, which was largely unsubscribed. It allocated 150 MW for installations smaller than 1 MW, with a lowest bid of PLN 0.24477 ($0.056)/kWh, and 336 MW for larger installations, with a lowest bid of PLN 0.23677/kWh.

SNCF Réseau and the National Institute for Solar Energy (INES) in France have agreed to jointly develop renewables projects. They aim to build PV systems that can supply continuous power at voltages of 3 kV, 6 kV, and 9 kV, while optimizing installation costs – particularly with regard to cables, operations, and maintenance.

Adani Solar has started producing large monocrystalline silicon ingots for M10 and G12 wafers. It is targeting 2 GW of ingot and wafer capacity by the end of 2023 and 10 GW by 2025.

Masdar said it has started operating the 5 MW Ile de Romainville PV project in the Seychelles. The installation is backed by 3.3 MWh of storage capacity.

Robestec has connected a 220 MW/440 MW battery storage system to the grid in Ningxia, China. It is reportedly China’s largest standalone energy storage station, and uses lithium iron phosphate (LFP) batteries from Hithium Energy Storage.

The Flemish government will halve the solar panels premium from a maximum of €1,500 ($1,594) in 2022 to €750 from Jan. 1, 2023. It will also end the home battery premium earlier than initially announced, from April 2023. The premium for heat pump boilers, on the other hand, will be retroactively doubled.