Major pumped hydro energy storage project agreements in India, Spain

India and Spain both saw major developments in their respective pumped hydro energy storage (PHES) sectors yesterday (26 September).
Spain increases energy storage target in NECP to 22.5GW by 2030

The Spanish Ministry of Ecological Transition has passed a royal decree which updates the country’s NECP targets between 2023-2030.
PV Price Watch: N-type silicon price on the rise; winning module bids hitting new lows

The average price of n-type material last week reached RMB41,700/ton (US$5,933), up 0.24% month-on-month, while other quotations remained stable, according to the latest figures.
US DOE and kWh Analytics launch initiative to improve solar PV project resilience

Insurer kWh Analytics has launched a US$2.4 million initiative to “develop innovative approaches” to improve the resilience of PV projects.
Removing the barriers to US transmission reform

Lori Bird and Joe Hack of the World Resources Institute examine legislative and regulatory efforts to break the US transmission bottleneck.
WTO establishes dispute panel over clean energy tax credits under US IRA

The World Trade Organisation (WTO) has established a dispute panel to assess the compliance of IRA tax credits with WTO rules.
Solar Steel signs 50MW tracker supply deal with Global Energy Services

Solar Steel has signed a deal to supply Spanish firm Global Energy Services (GES) with 50MW of its 1P trackers.
BNZ secures €166 million EIB loan for 700MW of European solar capacity

BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.
EU Commission approves €1.2 billion Polish renewables manufacturing scheme

The aid will take the form of direct grants and will be open for companies producing solar panels and batteries among others.
Meyer Burger CEO Erfurt steps down, company slashes jobs amid ‘strategic realignment’

The company announced a ‘strategic realignment’ of its operations to ‘ensure [a] return to profitability’.