The Ministry of Energy and Non-Renewable Natural Resources of Ecuador initiated three different tenders to achieve 900 MW of power generation capacity and a transmission line. Through Bloque de Energías Renovables No Convencionales, one of the procurement activities, the Ecuadorian authorities intend to allocate 500 MW of installed electricity from hydroelectric, wind, solar and biomass power plants. These projects will be distributed in different geographical areas of the country, and their joint development is expected to require an investment of US$875 million. The second tender is for the construction of a transmission line connecting the National Interconnection System (SNI) and the Interconnection Power Petroleum System (SIEP). The new line aims to provide clean energy for the national oil industry, and its construction requires an investment of US$386 million. Through the third tender, the Ecuadorian government hopes to build a 400 MW combined cycle natural gas power plant. Starting today, interested developers can submit their project proposals. Ecuador announced a renewable energy tender plan of more than 1 GW in September. According to data from the International Renewable Energy Agency (IRENA), by the end of 2020, this Latin American country has installed only 28 megawatts of solar photovoltaic capacity. In the past seven years, it has deployed only 2 megawatts of photovoltaics.

• The European Photovoltaic Industry Association recently announced that the capacity of residential solar energy storage systems deployed in Europe will increase from 3GWh in 2020 to 12.8GWh in 2025. • European household optical storage systems will increase by 44% in 2020, and 140,000 sets will be installed. According to reports, the European Photovoltaic Industry Association recently announced that according to the forecast of the European residential photovoltaic market in the next few years, the European residential photovoltaic and energy storage market will grow by more than 400% by 2025. The installed residential energy storage system capacity It will increase from 3GWh in 2020 to 12.8GWh in 2025. The European Photovoltaic Industry Association recently released a survey report on the "European Household Battery Energy Storage Market Outlook" covering 2021-2025. The report analyzes the synergy between household photovoltaics and energy storage systems. The survey shows that in 2020, the number of household solar energy storage installations in Europe has increased by 44% to 140,000. This marks the first time that Europe has installed more than 100,000 household energy storage systems within 12 months, setting a new milestone for the European energy transition. As European countries are in trouble during the recent energy price crisis, the report demonstrates the cost-effectiveness of installing energy storage systems to support household photovoltaics. The cost of electricity per kilowatt-hour of household users who installed household optical storage systems in Germany was 12.2 Euro cents/kWh last year. Germany has the highest proportion of installed battery energy storage systems for household photovoltaics, accounting for 70% of the newly added energy storage capacity in Europe. The five major markets of Germany, Italy, the United Kingdom, Austria and Switzerland have installed 93% of household optical storage systems in Europe. Walburga Hemetsberger, CEO of the European Photovoltaic Industry Association, said: "With the popularity of household photovoltaics, more and more households realize that energy storage systems can maximize the value of household photovoltaic systems. Although Europe is increasingly receiving The impact of energy price shocks related to natural gas, but photovoltaic and energy storage systems are clear answers to energy price fluctuations." Hemetsberger continued, “The combination of photovoltaics and energy storage is the key to achieving EU climate neutrality by 2050. It will not only enable the EU to increase the generation of renewable energy, but also importantly, photovoltaics and energy storage will be at their peak. Homes and businesses provide reliable, clean, and cost-effective energy. Energy policymakers must recognize this huge potential and highlight the characteristics of distributed energy storage when revising the national energy and climate plan." And Michael Schmela, Director of Market Intellig...

According to Energypress, Greece is preparing for a mixed tender for a 600 MW wind and solar project in March 2022. The project will be supported by Greece's 2.27 billion euros (2.57 billion US dollars) national assistance program. The upcoming round of bidding plans is expected to be officially announced at the end of this year. The proposed capacity will be allocated in the onshore wind power and photovoltaic (PV) plans, but the specific goals of the two types of plans are still unclear. According to the report, if a sufficient number of new projects reach the maturity level, the quota may increase. The funds granted for the production capacity will be paid from Greece's national assistance program to support the generation of renewable energy and high-efficiency combined heat and power (CHP) power plants. The European Commission (EC) approved the plan last week. The project will be open until 2025 and will fund approximately 4.2 GW of installed capacity through a 20-year contract. An unnamed source told Energypress that about 3 GW of the total power generation comes from onshore wind and solar power. It is speculated that the plan will support 1 gigawatt of renewable energy projects in 2022. (1.0 Euro = 1.132 USD)

An investigation report recently released by a well-known international law firm shows that as the global energy transition accelerates investment from fossil fuels to clean energy, investors are eager to transfer their funds to battery energy storage systems and photovoltaic projects. Despite the hype, investors' enthusiasm for hydrogen energy investment seems to have weakened. This report details the changing trends of investor interest. Ashurst Law Firm surveyed thousands of senior executives from the Group of Twenty (G20), including Australia, who participated in corporate investment decisions. The average annual turnover of their companies was US$8.8 billion (A$12.2 billion). The survey shows that in the past 12 months, investor interest in battery energy storage systems and photovoltaic projects has surged. Most of the investment opportunities are in North and South America, while the UK and Australia are lagging behind. The report states: “In terms of current and expected investments in renewable energy, energy transition and decarbonization technologies, the North American market continues to lead. The South American market is followed closely by the South American market, which has exceeded the results of our 2020 study. The Middle East. Investment activities in the Americas market are increasing rapidly, while the investment intentions of respondents in other markets (including Australia and the United Kingdom) are somewhat lagging behind these markets. This may reflect the higher growth in the American and Southeast Asian markets. Chance." In the survey conducted in 2021, two-thirds (67%) of investors indicated that they have invested or are planning to invest in energy storage technology, while in the 2020 survey, this proportion is less than half (47%). ). Battery energy storage system is the energy storage technology of choice for investors, and investors are attracted by the rapid increase in its performance and cost. There has also been a similar surge in investor interest in photovoltaic projects, with 69% of respondents indicating that they have or are considering investing in photovoltaic projects, up from 52% a year ago. However, the growth of investor interest in all clean energy technologies is not consistent. The proportion of investors planning to enter the hydrogen energy field has dropped from 40% in 2020 to 31% in 2021. In recent years, due to the potential of hydrogen energy to provide storable and flexible zero-emission energy, investors' interest in hydrogen energy has surged. However, hydrogen energy will face competition from other clean energy technologies in certain industries, especially in the transportation and other industries. Electric vehicles are regarded as the most likely technology winners. Investor interest in onshore wind power projects has declined, and one-third (33%) of investors hope to maintain their market share, down from 42% a year ago. However, in general, due to technological progress and in...

Spain's electricity prices have skyrocketed, and residents have been enthusiastic about installing household photovoltaic + energy storage. The cost can be paid back in 5 years, and the installation volume has skyrocketed! In a small town in the eastern part of Madrid, Spain, on a sunny and cold morning, Esther Banales was standing in front of her house. A technician climbed up the roof to install 16 gleaming solar panels. She hoped it would Cut electricity bills by more than one-third. In sunny Spain, rooftop solar companies say that more and more people are looking for home systems to avoid soaring electricity prices because the natural gas needed for recovery after the epidemic is in conflict with a tighter supply than usual. Barnales said: "We see electricity bills rise, and people are talking about whether we will have power problems, so I decided this is the right time (solar).". According to the Norwegian company Otovo, which arranged the Banales installation, demand in several European countries is surging. Since 2018, electricity bills in Spain have risen by an average of nearly 12%. According to data from the consumer association FACUA, under a widely used electricity price, electricity bills in the first two weeks of November have increased by 50% over the same period last year. A device like Barnales includes an inverter that converts raw electricity into electricity that she can use. All these devices are not cheap-she spent 7,600 euros (8,597 US dollars), but expects to pay for itself soon. The Spanish renewable energy trade organization APPA said that if the price remains at the current high level, household solar systems can save 40-60% of electricity bills every year. APPA said that government subsidies of about 900 million euros, coupled with local tax relief, this cost will be recovered within five years, the recent surge in installations. Spain electricity prices are rising fiercely, solar panels are popular in Spain, and Spanish household photovoltaic + energy storage grows Although the increase in electricity prices in Spain has eased recently, it is still much higher than last year's level. Spanish families are suffering, as are Spanish companies. Especially in industry, profit margins are most affected by increased costs. This week, the Association of Employers of Power-intensive Industrial Companies (AEGE) once again condemned this. In the metallurgy, chemical, steel and other industrial sectors, electricity may account for 60% of their total costs. Electricity prices may become a torture in 2022, and may lead to dire consequences, such as the closure of factories and the subsequent blow to Spanish employment. The industrial sector maintains a tense relationship with the government because of the lack of solutions after the five-fold increase in electricity prices in the summer, reaching more than 288 euros/MWh in October. This Saturday, the average electricity price in the wholesale market will drop to 180.48 euros per M...

In order to support gigawatt-scale solar module production, the Indian authorities announced additional funding of US$3.2 billion for the photovoltaic manufacturing incentive program. In order to get rid of the dependence on foreign photovoltaic manufacturing capacity, India encourages local and global companies in India to establish large-scale photovoltaic manufacturing plants in India, and provides relevant incentives. In April 2021, the United Cabinet of India approved the proposal of the Ministry of New Energy and Renewable Energy (MNRE) on the implementation of the production-linked incentive (PLI) plan of the “National Plan for High-Efficiency Solar Photovoltaic (Photovoltaic) Modules” to achieve 45 billion euros ( About 605 million U.S. dollars) gigawatt-scale manufacturing. Solar photovoltaic manufacturers will choose through a transparent and competitive bidding process. This award will be issued within five years after the solar photovoltaic manufacturing plant is put into production. India's current domestic production capacity of photovoltaic cells is about 2.5GW, and the production capacity of modules is about 9-10GW. The previous bid for the incentive plan attracted bids for the production capacity of 54.5GW of solar equipment. Now that India has increased its budget, bidders who failed to win the project under the production-related photovoltaic manufacturing incentive plan still have the opportunity to obtain funding. India has set a goal of 100 GW of installed photovoltaic capacity by 2022 and 450 GW of renewable energy generation capacity by 2030, with photovoltaics accounting for nearly 300 GW of total installed capacity. According to its plan, from 2020 to 2030, India’s manufacturing plan will have a series of impacts. By 2030, India’s photovoltaic projects may exceed 300GW, a large part of which will be produced by Indian companies or joint ventures (in cooperation with overseas companies). Batteries, solar panel, materials and BOS parts.

Solar Philippine Nueva Ecija Corporation (SPNEC), the largest solar project developer in Southeast Asia, has been approved to conduct an initial public offering (IPO). The company will receive up to 2.7 billion Philippine pesos (54 million US dollars / 47 million euros). The company is a subsidiary of solar power producer solar Philippine and has obtained approval from the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC) to issue up to 2.7 billion shares at a price of 1.00 Philippine pesos per share. The final offer will be confirmed on November 23. The issuance will take place from December 1st to December 7th, 2021, and December 17th is the tentative listing date. This is the first time a company has obtained a listing permit under a set of rules known as the supplementary listing and disclosure requirements for renewable energy (RE) companies. SPNEC is the developer of a 500-megawatt solar project designed to supplement the weak reserves of the Luzon power grid and help prevent power outages. The company plans to use the IPO proceeds of 1.3 billion Philippine pesos to finalize the project's first 50 megawatts of power generation, while the remaining part is planned to be used to purchase land to expand the project to more than 500 megawatts. The company has appointed Abacus Capital and Investment Corporation as the issue manager and lead underwriter, and Philippine Investment Capital Corporation as the participating underwriter for the IPO. In addition to Nueva Ecija, Solar Philippine has also established a 63 MW solar energy partnership with Korea Electric Power Corporation in Batangas, and carried out two solar projects totaling 140 MW in Batangas and Cavite. The existing power plant was expanded to 200 MW. (Philippine Peso 10 = USD 0.199/EUR 0.175)

On November 16, the U.S. Court of International Trade (CIT) officially announced the restoration of the 201 tariff exemption for double-sided modules and lowered the 201 tariff rate. This means that bifacial solar modules can be imported into the United States without additional tariffs. CIT announced that it will officially restore the 201 tariff exemption and reduce the section 201 tax rate from 18% to 15% (previously, the tax rate was increased to 18% in Announcement 10101 during the Trump administration). These two changes , The additional tariffs previously levied will be refunded to relevant enterprises. CIT stated, “The previous Announcement No. 10101 revoked the tariff exemption for double-sided solar panels and increased the guarantee responsibility for CSPV modules. This constitutes an obvious misunderstanding of the legal regulations and also exceeds the President’s authorization. Range."

In the latest news on November 11, the United States rejected the request to initiate an investigation of Asian photovoltaic manufacturers, and the United States Department of Commerce determined that Asian companies did not sell photovoltaic cells at prices lower than normal. The announcement documents show that we will not consider the 777(b) and other provisions of the bill, and have rejected A-SMACC's request for evasion of investigation on August 16, 2021. Previously, an anonymous US solar manufacturer submitted an application to the US Department of Commerce, requesting that upstream components such as silicon wafers produced in China by specific manufacturers be assembled in Vietnam, Thailand, and Malaysia and exported to the US for crystalline silicon photovoltaic cells and modules. The investigation may result in the imposition of tariffs on supplies from countries such as Malaysia, Vietnam and Thailand, which accounted for more than 80% of the photovoltaic products imported into the United States in the first half of this year. Unlike the manufacturer’s "booing", US solar project developers lobbied strongly to oppose any investigation by the Department of Commerce on new tariffs, saying that this investigation alone would scare the foreign solar producers they depend on and weaken the impact on the realization of the US climate. Industries where changing goals are critical. The American Clean Power Association said in a statement: "The launch of this investigation will have long-term devastating consequences for our country's energy goals and the 230,000 American employees in the solar industry."