Swiss fund manager SUSI Partners is acquiring a portfolio of more than 200MW of distributed solar PV and wind assets in Chile, marking its first investment in Latin America.
Average winning solar bids in Spain’s renewables auction this week came in above those for wind as interest among PV bidders faltered against a backdrop of rising equipment costs and regulatory uncertainty.
Distributed generation is the future of solar PV in China, with 48GW expected to be deployed next year in the country, according to Frank Haugwitz, director of Europe Asia Clean Energy Advisory Company
Chinese power restrictions are likely to change in Q1 next year and will consider the power necessity and industrial demand of certain regions. Nonetheless, polysilicon prices will remain high well into next year and could rise even further. And, distributed solar is the future of solar PV generation in China. Exclusive to PV Tech Premium users.
China Silicon Industry, the country’s trade association for the nonferrous metals industry, has warned that pricing for polysilicon chips has soared 13.2% to highs of RMB273/kg (US$42.42/kg), placing further pricing pressure on the solar industry.
The US needs to deploy a minimum of 103GW of distributed solar and 137GW of distributed energy storage by 2030 to achieve President Biden’s climate goals at the lowest cost, according to a new report by Local Solar for All.
New York’s governor has proposed an expansion of the NY-Sun distributed solar incentive programme and revealed plans for two transmission projects that will transport renewable energy to New York City to help the state reach 70% renewable electricity by 2030.
Spain’s renewables auction next month is set to receive high levels of interest from solar bidders, according to industry observers, as the country’s government seeks to support the swift deployment of new capacity following a summer beset by record-breaking electricity prices.
Spain will carry out an auction this October for 3.3GW of solar PV and wind capacity as the country’s government aims to speed up renewables deployment in the face of soaring electricity bills.
The California Energy Commission has approved rules that would require new buildings, including multifamily housing and commercial structures, to be equipped with solar and battery storage.
