News Briefs Oct 13- Runergy’s US Capacity, MCPV Funding, Canada Funding

News In Brief: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract

Runergy’s 2 GW Module Plant In US Operational

Runergy, a Chinese Cell maker  with a global production footprint including silicon, wafer, solar cell and module factories in China, Thailand, Vietnam and now the US has started fulfilling its first module order from its plant in the US, With cumulative solar cell shipments exceeding 65GW by the end of 2023, Runergy has ventured into module making in the US to better serve the key North American market, even as it probably benefits from IRA incentives as well.

4 GW Solar Cell Plant In Netherlands Closer With Funding for MCPV

Dutch solar cell manufacturer MCPV has recently secured €4.2 million (approximately US$4.6 million) in government support for the construction of its 4GW HJT cell plant in the Netherlands. The funding for MCPV has been secured from the Ministry of Economic Affairs, the Province of Groningen and the Investment and Development Agency for the North of the Netherlands. The new 4 GW plant is expected to be operational by early 2026 in Veendam, Northern Netherlands, creating more than 600 full-time jobs. The project will easily be the largest solar manufacturing plant in the Netherlands, seeking to supply European markets primarily.

Canada Announces C$500 million For Stronger Grid

The Canadian government has announced up to C$500 million (US$363.2 million) in finance for the country’s Smart Renewables and Electrification Pathways (SREPs) programme. The focus of the funding will be on strengthening the national grid, to improve ability to absorb more renewable power. Even as many provinces continue to push back against more solar power in particular, on the grounds that it is not as efficient or cost effective in Canadian conditions as other available options. Canada has one of the highest per capita power consumption numbers worldwide, a wasteful outlook to the environment that sits at odds with the majority of the country designated a nature preserve.