The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
The prices of domestically manufactured solar cells are 1.5-2 times more than alternatives from China even after basic customs duty. Such high prices can drive up the capital cost of solar power projects by INR 5-10 million/MW and, in turn, tariffs by 40-50 paise per kWh, says CRISIL Market Intelligence and Analytics.
The China Securities Regulatory Commission (CSRC) has approved polysilicon derivatives to address rising price volatility and structural imbalances between supply and demand in the solar-grade polysilicon market.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
The US government has doubled Section 301 tariffs on imported solar polysilicon and wafers from China to 50%. The materials are vital for manufacturing solar panels, from refining polysilicon to assembling modules.
Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.
The latest financial stability ranking keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
The “build now, decarbonize later” approach misses the opportunity to develop steel capacity using low-emissions technologies, which could make India a leader in green steel capacity, save on decarbonization efforts later, and reduce current and future stranded asset risk in the industry.
Gentari will set up around 2.4 GWp of solar and wind power generation capacity in India, backed with 350 MW/2100 MWh energy storage, to supply firm and dispatchable green power to AMG Ammonia’s facilities
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