The South African Photovoltaic Industry Association (SAPVIA) has called on the country’s government for more PV support. Energy specialist, Chris Ahlfeldt comments on the five point PV plan, which envisages 1.5 GW of new installs annually, and the creation of 55,000 jobs. He also discusses the ongoing issue of the 27 unsigned PPAs, and the bottlenecks in the market.
Solar stocks surged yesterday after Canadian Solar announced it had received a “going private” proposal, reports Zacks. Analysts at Guggenheim, meanwhile, say the offer will be given “serious consideration.” They believe other companies may follow suit, if accepted.
Japan may reach its 2030 solar installation target of 64 GW about 10 years ahead of schedule, according to a new report by PV consulting firm, RTS Corp.
The European Bank for Reconstruction and Development is providing a US$22 million shot in the arm for a 50 MW solar power plant in the Risha region developed by Saudi ACWA Power. The bank has also announced plans to invest up to $100 million to back development of the green bond markets, and pledged its support to city climate projects allocating over $500 million with an eye to scaling up green urban financing.
Singapore’s Sunseap Group and China-base Jiangsu Linyang Energy Co Ltd have signed a memorandum of understanding (MOU) to install 500 MW of rooftop and floating solar PV in Singapore. Together with another five cooperation areas, they plan to invest a total of $500 million.
The Dutch solar energy company is hoping to attract investors in a proposed 200 MW solar manufacturing facility in the Indian state of Assam.
Overall, Brazil’s total distributed renewable energy generation has topped 200 MW.
French energy giant, EDF has announced a 30 GW solar energy plan that is expected to be developed exclusively in France.
The tender is the first to be issued under the new auction mechanism, which has replaced the FIT scheme for large-scale solar.
Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
The tender will be open to PV projects not exceeding 20 MW in size, and will award long-term PPAs for the sale of power to local utility ZESCO.
Prodiel will begin construction on the 162 MW PV plant, developed by Norway’s Scatec Solar and Statoil, “imminently”. The US$215 million project is expected to be operational in Q4 2018.
The first phase of the world’s largest floating solar array has been connected to the grid in China’s Anhui Province, according to developer Three Gorges New Energy Company.
This time, the state of Espíritu Santo has agreed to adopt the fiscal incentive for net-metered solar PV systems up to 1 MW. The measure has been suggested by the Brazilian central government to all the country’s states since September 2015.
An amendment in the Gibraltar Electricity Authority Act will now make it possible to inject renewable energy power produced by residential customers into the local grid.
The African Development Bank has committed US$265 million to the development of two solar power plants in Morocco with a total capacity of 800 MW.
Japan’s Solar Frontier plans to start integrating its thin-film PV technologies into materials for walls and roofs, with sales expected to begin before the end of the decade, according to a recent report.
In two separate studies, in the U.K. and Switzerland, respectively, the notion of combining solar power and trains has been explored. The results indicate it could offer a cost-competitive, energy saving alternative to the traditional power methods currently employed.
The new technology uses a quantum-mechanical process, which can extract current from solar cells in a much quicker, less wasteful way, the research team claims.
The group of scientists is adopting organic cations, instead of inorganic cations like cesium or rubidium, to stabilize the crystal structures of perovskites with solar applications.
NexWafe GmbH has completed €8 million (around US$9.4 million) in financing for the next stage of its kerfless wafer manufacturing plans. The company sees big market potential for the product, which projects cost reductions of 50%.
Following a consultation process with employees, Meyer Burger has announced 100 jobs will definitely go as part of the closure of its Swiss manufacturing site. Another 60 positions are dependent on strategic alternatives being found.
After announcing a record 22.71% conversion efficiency with its monocrystalline passivated emitter rear contact (PERC) solar cells in October, the Chinese solar manufacturer now claims it has achieved an 82.15% record bifaciality for the bifacial version of the same cell.
Having reportedly ended its relationship with SMA Solar, Siemens has announced it will be manufacturing and supplying 5 MW inverters to the Indian market.
The Italian inverter maker will supply its Sunway TG TE 1500V devices for a project under development by an unnamed global utility active in the renewable energy sector.
The first modules have rolled off the line in Ohio as part of First Solar’s $1.4 billion dollar bet on its large-format Series 6. The company will also expand production in Vietnam.
Sunverge Energy has revealed plans to install “dozens” of energy storage units in eastern Japan, as part of a virtual power plant (VPP) project under regional utility Tokyo Electric Power (TEPCO).
GE Power has announced 12,000 jobs will go as part of its effort to cut structural costs by US$3.5 billion. Part of the reason for the move is the strong growth of renewables, and a softening of traditional power markets. Storage is said to be a “mega trend”.
GTM Research reports that utilities in 15 states are incorporating energy storage into their long-term plans, as energy storage deployment reached a relatively even keel during Q3 2017.
A 1.2 MWh battery energy storage system (BESS) has been installed in the Czech Republic by Solar Global and Alfen. Plans for another, 10 MW, project have been revealed.
Lessons learned from solar failures could propel battery storage market to 12 GW by 2021, argues report by All-Party Parliamentary Group on Energy Storage, which implores government to be “on the front foot” when it comes to seizing ways to ensure energy security for the nation.