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China polysilicon prices rise for the eighth consecutive week

China Mono Grade, OPIS’ assessment for polysilicon in the country, extended gains for an eighth week, edging up 2.38% on-week to 75.50 CNY ($10.36)/kg. This market continues to contend with some short-term bullish factors. The increase in polysilicon production in August was still lower than expected, “mainly due to the shortage of electricity in summer,” …

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Researchers assess degradation in PV systems older than 15 years

Scientists at the Polish Academy of Sciences have studied PV installations older than 15 years and observed a decrease in energy productivity ranging from 1.9% to 2.9% over a 16-year period. They conducted their tests on two rooftop PV systems in Sinsheim, a town in southwestern Germany. The first system, a 37.8 kW grid-connected array, consists of …

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Global sales of off-grid solar energy kits hit 9.5 million units in 2022

A new report by GOGLA shows annual sales of solar energy kits (lanterns, multi-light systems, and solar home systems) globally reached 9.5 million units in 2022, with 5.2 million sold between July and December 2022. “This clearly shows that we have learned to value them as we go. We have also learned to value the …

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New research shows renewables are more profitable than nuclear power

A group of researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) have published new research questioning recent efforts to increase investments in nuclear power, especially in the European Union and the United States – a political choice justified by the desire to decarbonize economies as …

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Prices of China’s PV upstream segments rise, module prices hold steady amid bearish sentiments

China Mono Grade, OPIS’ assessment for polysilicon price in the country, increased for a fifth week running, edging up 0.95% to CNY69.29 ($9.58)/kg. China’s polysilicon notches up toward the psychologically significant figure of CNY70/kg in a week that saw higher price quotes and lower-than-expected polysilicon output. The main reason for lower output is the expected …

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South Africa launches loan guarantee scheme to back C&I solar

The South African National Treasury has launched the Energy Bounce Back (EBB) Loan Guarantee Scheme. The initiative aims to support the deployment of commercial and industrial PV systems. Businesses will be granted solar-related loans, backed by a 20% first-loss guarantee from the South African Reserve Bank. “The EBB aims to generate 1,000 MW in additional …

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France aims for 48.1 GW of solar by 2030, 140 GW by 2050

French Prime Minister Élisabeth Borne has presented a new plan to the National Council for Ecological Transition (CNTE), outlining revised renewable energy and solar deployment targets for 2030. The plan includes an increase in the energy transition budget from €30 billion ($32.8 billion) to €37 billion. The updated targets specified in the plan aim for …

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