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Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce

Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.

EDF, Scatec Africa win South Africa’s battery procurement auction

The South African Government’s Department of Mineral Resources and Energy announced French utility Électricité de France (EDF) will develop 257 MW of battery energy-storage systems across three projects, while South African renewable energy company Scatec Africa will develop one 103 MW project.

Malaysia launches 30 MW floating solar tender

Kuala Lumpur-based utility Tenaga Nasional Berhad (TNB) has started accepting applications for the development of a 30 MW (AC) floating PV plant at a reservoir in eastern Malaysia.

Sri Lanka launches 70 MW ground-mounted solar auction

Sri Lanka’s government-owned Ceylon Electricity Board (CEB) is inviting applications for the development of 1 MW to 5 MW ground-mounted solar projects – totaling 70 MW – with 20-year power purchase agreements (PPA).

Saudi Arabia announces 3.7 GW solar tender

Saudi Power Procurement Co. (SPPC) has announced a request for qualification (RFQ) in relation to 3.7 GW of solar across four projects, as part of the fifth round of the Saudi Arabian government’s renewable energy tender program.

South East Asia sees renewed interest in utility scale floating solar

Indonesian president Joko Widodo inaugurated a 145 MW floating solar plant in Java this week, while module manufacturer Husaun Energy said it will supply 60 MW of heterojunction solar panels for Grow Energy’s Thailand floating PV projects.

Consortium signs 25-year PPA for 1.1 GW of solar capacity in Saudi Arabia

Masdar, EDF Renewables and Nesma Company have signed a 25-year power purchase agreement (PPA) with Saudi Power Procurement Co. (SPPC) to develop the 1.1 GW Al Henakiyah Solar Project in Saudi Arabia.

Sri Lankan government launches twin 100 MW floating solar plant tender

The Sri Lankan government’s Ministry of Power and Energy is inviting applicants to submit proposals for the construction of two 100 MW floating solar plants at the hydroelectric Samanalawewa Reservoir. The aim is to complement and “leverage” the country’s third-largest hydroelectric scheme through PV.

Global PV must grow to 5,400 GW by 2030 to limit global warming

The International Renewable Energy Agency said in a recent report that the scale of the energy transition needs ‘urgent’ acceleration to meet Paris Agreement climate emergency targets. Solar PV deployment, in particular, must ramp up and increase fourfold by the end of the decade.

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JinkoSolar claims 26.89% efficiency rating for new N-type solar cell

JinkoSolar claims that its new 182 mm n-type monocrystalline silicon solar cell has reached a maximum solar conversion efficiency of 26.89%. It says the achievement has been independently verified by a third party.