MARKETS & POLICY

PV, storage may allow 53% of European households to end reliance on grid

Thanks to PV systems and battery storage, millions of households in Europe are already partially self-sufficient. A German-Swiss research group has calculated the potential for European residential buildings to achieve grid independence with solar-plus-storage solutions. The team aimed to determine whether such homes could abandon the grid completely. They based their calculations on a database …

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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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Chinese PV Industry Brief: Jinko to build 56 GW vertically integrated PV factory

JinkoSolar has announced a $7.87 billion plan to build a 56 GW PV factory in Shanxi province. The project will include monocrystalline rods, silicon wafers, solar cells, and PV module capacities. The factory will be completed in four phases over two years, with the first two phases set to start operations in 2024. JinkoSolar aims to …

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JinkoSolar unit to sell entire stake in Xinjiang JinkoSolar subsidiary

JinkoSolar has announced the sale of its complete 100% equity interest in Xinjiang Jinko Solar Co., Ltd. (Xinjiang Jinko) by its subsidiary, Jinko Solar Co., Ltd. (Jiangxi Jinko). The deal, valued at CNY 4.3 billion, will see Ziyang Major Industry Equity Investment Fund Partnership and Shihong Dong acquire the stake. Following the transaction’s completion, Jiangxi …

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