An infrastructure company owned by billionaire Enrique Razon is planning to build a solar-plus-storage plant in the Philippines that will feature 2.5 – 3.5GW of PV.
The Indian solar sector looks set for significant levels of disruptions over the next two years, with the government’s drive to establish a domestic manufacturing base risking deployment and investments needing to double if it is to meet its climate targets, according to industry analysts.
Polysilicon prices will likely continue rising throughout 2022 and only soften towards the very end of the year, driven by unfaltering demand and panic buying.
The Australian state of New South Wales (NSW) will invest AU$1.2 billion (US$856 million) in new transmission lines and infrastructure over the next ten years to accelerate the connection of planned renewable energy zones.
Around 1 million households in New South Wales (NSW) will soon be eligible to receive a free rooftop solar system as the Australian state also begins a registration of interest process for its latest renewable energy zone (REZ).
US conglomerate General Electric (GE) is looking to triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids factory in India by the end of 2022 to 9GW per annum.
REC Group is on track to reach 1.2GW of heterojunction (HJT) module production capacity in Singapore as it also progresses with the construction of a solar manufacturing plant in India.
With President Biden declaring a two-year freeze on new tariffs on solar imports from Southeast Asia, questions have been raised about the legality of the move as industry stakeholders assess the risk of it being challenged in court.
India has relaxed its rules surrounding the purchase of renewable power, with commercial and industrial consumers allowed to purchase clean power on voluntarily basis, while state distribution company (Discom) customers can demand to be supplied with renewable electricity.
