On April 12, the Silicon Industry Branch announced the latest solar-grade polysilicon prices, which were between RMB190-200/kg on average, with the lowest price set at RMB180/kg (US$26.2/kg).
The International Finance Corporation (IFC) and phosphate-based fertiliser producer OCP Group have partnered to develop 202MWp of solar PV projects in Morocco.
UAE state-owned renewable energy developer Masdar has acquired a 50% stake in a 128MW/160MWh solar-plus-storage project from EDF Renewables North America.
Data from Gogla showed that the global off-grid solar sector had a record investment of US$746 million in 2022, increasing by US$289 million or 63% year-on-year.
A record growth from solar and wind power, increased its global electricity to 12% in 2022, however, other clean energy resources have dropped for the first time since 2011, according to energy thinktank Ember.
Eritrea has secured about US$50 million from the African Development Bank (AfDB) to construct a 30MW solar PV project, hoping to increase the reliability of electricity supply and the share of renewable energy in its energy mix.
Vibrant Energy said the project financing worth INR22 billion (US$267.9 million) provided by Indian non-banking financial entity Power Finance Corporation will be used for the wind-solar hybrid projects located in Madhya Pradesh and Karnataka.
