The European Commission has approved Romania’s €259 million scheme to support investments in the production, assembly and recycling of batteries, PV cells and solar panels.
The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.
US PV incentives should be entirely focused on solar cell manufacturing in the short term, with maximum incentive rates given to domestic solar cell production that ultimately has a risk-free supply chain of materials and equipment, writes Finlay Colville, head of research at PV Tech.
The inventors of PERC solar PV technology were awarded the 2023 Queen Elizabeth Prize for Engineering this week, in recognition of the transformative role that the technology has played in raising the efficiency and lowering the cost of solar PV and making it a cornerstone of the renewable energy transition across the globe.
The recent swathe of announcements from US policymakers – coupled with growing geopolitical unrest regarding Chinese manufacturing dominance and the role of solar PV from an energy security standpoint – has the potential to redefine PV technology, manufacturing and component supply chains in a way that the industry has never seen before, writes Finlay Colville, head of research at PV Tech.
Australian solar equipment manufacturer 5B has been appointed to supply its Maverick module technology to a 95MW hybrid power station in Western Australia.
With silicon material and wafer prices on the rise, the impact is being felt further downstream amid warnings module prices could continue increasing this month.
