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Good signs: The pv magazine weekly news digest

This week was filled with positive news for the global PV industry, including the signing of the world’s lowest-price PPA in Dubai

Enerray, Desert Technologies put 23.1 MW-DC PV plant online in Jordan

The Falcon Ma’an is one of the largest PV plants to go online in the MENA region.

Another rooftop solar boom in Australia – this time with warnings

Image: Jonathan Gifford

Record low solar panel prices, combined with the ratcheting-down or removal of federal and state policy levers, are sparking a boom in Australia’s residential and commercial solar markets, while also prompting warnings to...

Sale of Verengo assets to Crius clears another hurdle

Since the company received only one bid for its more than 20,000 installed systems, the sale of them to Crius Energy is set to move forward

Renewables rise to 15% of U.S. electricity generation in Q1-Q3 2016

While solar's share of net U.S. generation was only 1.4%, this is a 40% increase from a year ago.

Amsterdam ArenA to receive 4 MWH storage system built with repurposed EV batteries

The stadium in the Dutch capital will be supplied with a 4 MWh storage system made using 280 repurposed Nissan LEAF batteries.

Storage system to be developed by The Mobility House and Eaton using 280 used Nissan LEAF batteries stored in racks; will eventually replace diesel generators used for back-up power during major events.

TerraForm Power, Global forecast continued losses in 2016

While the two yieldcos are making progress in their separation from SunEdison, they continue to be plagued by losses and report that CAFD will be substantially reduced from previous estimates.

EU Energy Union package lacks ambition, says SolarPower Europe

EU Parliament, Brussels.

Still much to be done at EU level if continent is to seize chance to build solar-powered electricity system, says SolarPower Europe in wake of disappointing European Commission Energy Union package.

Fronius installs solar inverters at former Austrian nuclear plant

The solar array at the former nuclear plant covers 3,700 square meters and is controlled by 43 Fronius string inverters.

Installation at the dormant Zwentendorf an der Donau nuclear site in Austria symbolic of the nation's growing embrace of clean renewable energy, says Fronius.

BREAKING: World's cheapest solar power contract signed for Dubai mega-project

DEWA has signed a US$29.90/MWh PPA with Masdar for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum solar park.

Mercom Capital forecasts 76 GW of solar installations for 2016

Recurrent Energy Tranquility project in California. Image: Recurrent Energy

Solar industry analyst Mercom Capital has reported encouraging annual solar installation forecasts of 76 GW across the globe for 2016, driven by record-breaking installation figures from China, while the anticipated slow-down in...

Yingli preliminary Q3 financials hint at further earnings slump

Yingli production.

As expected, the third quarter financials for China's Yingli Green Energy reveal large contraction in module shipments, while gross margin limps in way below already lowered expectations.

The pv magazine weekly news digest

Öresund Bridge between Malmö and Copenhagen.

Sweden made some sweet solar sounds this week, while Tesla finally dotted the Is and crossed the Ts on its SolarCity acquisition, and India deepened its solar love affair.

Autumn Statement: UK increases funding to EVs, solar again left in shade

Solar panels in London.

The UK's Chancellor announced yesterday extra funding to electric vehicles (EVs), but overall failed to convince that the government has a low-carbon growth plan that includes solar.

Trina Solar Q3 revenue contracts 22.9% sequentially as shipments fall short of guidance

Trina production.

The Chinese solar developer posts expected contraction of revenue and shipments in wake of module price slump and general market headwinds facing the firm.

JinkoSolar supplied modules for 140 MW PV plant in Minnesota

Image: D. E. Shaw Renewable Investments

Chinese PV manufacturing giant, JinkoSolar, was chosen to supply its 72-cell solar modules to the North Star Solar project in Minnesota, U.S., which will be the largest solar plant in the American Midwest once it is connected to...

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