UK-based asset manager Foresight Group claims to have assembled the largest asset fleet of utility scale solar in Australia. After having acquired four solar projects in Queensland and initiated one Victorian project in less than two years, the fund noted that it had moved quickly to “capitalise on the opportunities.”
Though there are modifications to the hard-won investment tax credit step-down provisions, it appears the bill leaves the solar industry largely alone.
Solar Frontier has halted operations at its 150 MW Tohoku plant in northeastern Japan and has revealed plans to shut down production at its flagship 900 MW Kunitomi plant in late December, in line with plans to consolidate production in the southern prefecture of Miyazaki.
The facility is planned to improve liquidity of developers of renewable energy projects up to 50 MW across Africa.
Research from the Overseas Development Institute estimates that children in developing world can gain 15 minutes extra study time a day if their homes switch from fossil fuel to solar, while households can enjoy savings of $10 per month.
Panel consisting of government officials and industrialists organized discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ at the India pavilion at COP23 in Bonn. The government remains ambitious to meet its target and to follow sustainable development.
The company stands to make a pretty penny by getting out of TerraForm Power.
Indian renewable analyst firm notes that anti-dumping comes at inopportune time with the industry already reeling from a slowdown in new project procurement, extra costs due to GST, import duties and increased module prices. It is expected to come by October 2018 and may affect all stakeholders and projects in the pipeline as well as those awaiting auction.
The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.
Under proposed ‘rent a roof’ policy, solar developers will rent rooftop space to install a PV array and offer to lease to each household and then feed the solar power to the grid, said MNRE Secretary Anand Kumar.
ADFD and IRENA invite application for renewables energy projects as it enters fifth round of funding, having already made 100 MW of clean energy available to developing nations throughout the world.
Yingli Solar has announced that its wholly owned subsidiary, Yingli Energy Company Limited is to develop a 100 MW “Top Runner” solar project in Wuhai City, in China’s Inner Mongolia autonomous region.
The Italian wind energy specialist has acquired 100% of ForVei, a company that owns 30 PV plants across northern, central and southern Italy.
ENGIE‘s teams have responded to tender calls by the Charente-Maritime Department, and will offer to cover a 530 square meter roof of secondary school Pierre Mendès-France in la Rochelle using HeliaSol technology.
With over 220,000 solar modules installed on 110 hectares of land, the project is expected to be switched on by the end of 2018.
Western Australia’s electricity provider Horizon Power is set to receive a financial shot in the arm through the installation of various distributed energy technologies in 90 homes and businesses in the coastal town of Carnarvon, which is home to the state’s first utility-scale energy storage, currently under trial.
The Belgian research institute and the Japanese electronics group say they have developed a solid nanocomposite electrolyte with a lithium ion conductivity several times greater than in its liquid equivalent.
The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.
Assessment of weather data and forecasting are vital in reducing risks and, therefore, financing costs and losses during the operation of solar plants. Following a recent pv magazine webinar, Finnish environmental firm Vaisala has prepared detailed answers to the main questions posed by participants.
A joint study by Finland’s Lappeenranta University of Technology and Energy Watch Group presented on the sidelines of the COP23 talks in Bonn demonstrates that a global transition to 100% renewable electricity could be achieved by 2050, and would be more cost effective than the current electricity system.
Researchers from the Institute of Physics of the Polish Academy of Sciences (PAS) and the renowned Ecole Polytechnique Federale de Lausanne (EPFL) have collaborated on a new technique for the creation of perovskite solar cell materials. The technique replaces traditional solvent based processes with steel ball mill grinding.
Amid an unexpected shortage of a key raw material, solar manufacturers in China are now under pressure of higher costs and narrowing margins.
The PV equipment manufacturer further improved its sales in the third quarter. The company said its CIGS orders are fully on schedule and will be included in the results of the fourth quarter.
Gyanesh Chaudhary, the MD, and CEO of Vikram Solar, speaks to pv magazine about the international solar alliance event held in collaboration with MNRE and CII at COP23 in Bonn, Germany and more on the Indian solar manufacturing sector. He is a part of the Indian (CII) delegation to COP23, Bonn Germany.
JA Solar has recorded a net profit of CNY 41.9 million ($6.3 million) in the third quarter of 2017, down nearly 5% year on year, as revenue slid 27.1% from the preceding quarter to CNY 4.3 billion.
Daqo New Energy recorded a net profit of $24.1 million in the third quarter of 2017, as the polysilicon and solar wafer producer’s revenue rose nearly 18% from the preceding three-month period to $89.4 million.
The government of the African country has issued an expression of interest in seeking consultancy companies for the environmental and social impact assessment of a 20 MW PV power project.
Shikun & Binui Renewable Energy Ltd, the renewable energy arm of Israel conglomerate Shikun and Binui will own the plant, which will be located near the village of Zeélim.
The Irish renewable energy developer will employ engineering firm Downer to develop the 150 MW solar energy component of the Port Augusta hybrid plant, with wind giants Vestas contracted to build 225 MW of wind power.
Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).
An energy storage event organised by the UK’s Solar Trade Association this week in London showcased the potential for energy storage development in the country. However, what the solar industry is currently targeting most eagerly is co-locating photovoltaics with batteries.