Corporate power purchase agreements (PPAs) have hit record levels in the Asia Pacific region as fuel prices rise and the cost of renewables falls, according to Wood Mackenzie principal analyst, Kyeongho Lee.
Norway-based solar manufacturer REC Group has begun production of its new REC N-Peak 3 Black Series of rooftop solar panels, the third generation of its n-type TOPCon cell-based solar panels.
Renewables developer ACEN Australia is poised to commence construction on its 400MW Stubbo solar project after having executed key contracts and reached a final investment decision, continuing its recent expansion in Australia’s renewables market.
PV developer Primergy has submitted an initial permitting application to La Plata County, Colorado, for its proposed 155MWac Hesperus Solar project, which will be co-located with 155MW of battery energy storage.
Subsidiaries of Daqo New Energy have agreed large five-year polysilicon supply agreements with Chinese solar manufacturing companies, the most recent in a number of significant deals signed this year by the company.
Talesun, the Chinese-headquartered solar manufacturer, and South African company ARTSolar have commenced operations at a 325MW PV module manufacturing facility.
The World Bank has approved funding for a US$497 million renewable energy project in South Africa that will see 150MW of solar and 70MW of wind capacity installed in place of the coal-fired Komati power plant.
Average construction costs for US utility-scale solar PV installations continued to drop in 2020, research from the US Energy Information Administration (EIA) has said, whilst onshore wind and natural gas costs rose.
