‘Solar Module Super League’ (SMSL) member GCL System Integrated Technology Co (GCL-SI) has pumped RMB790 million (US$122 million) into Hefei GCL Integrated New Energy Technology Co (Hefei GCL) to start the construction process of its previously-announced 60GW new mega manufacturing hub in Hefei City, Anhui Province, China.
‘Solar Module Super League’ (SMSL) member Trina Solar has signed a long-term PV module supply deal with US energy major NextEra Energy totalling 4GW, thought to be the largest order of its kind outside of China.
This year is set to be a record-breaker for renewables auctions in Europe, as countries across the continent look to increase clean energy deployment to reach 2030 emissions reductions targets.
A large-scale solar PV system paired with pumped hydro energy storage could cover as much as 25% of the Hawaiian island of Kaua’i’s energy demand, pushing the island’s total share of renewables in its energy mix past 80%.
Prices of solar-plus-storage systems to be deployed on France’s island territories have fallen once again in the country’s latest auction, dipping below €100/MWh (US$122.75/MWh).