Solar on course to become the world’s cheapest source of energy within the next 10 years
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
Comtec Solar and Longi agree to asset purchase
Chinese monocrystalline silicon firm Longi has agreed to purchase the assets of Comtec Malaysia, a subsidiary of Comtec Solar Systems Group, for a fee of RMB 200 million (USD 28.74 million), which adds to the company’s expansion across Malaysia after announcing a new manufacturing facility in the country in 2016.
SECI announces winners of 500 MW rooftop auction in India
The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.
BREAKING: SEIA expected to name Abigail Hopper as new CEO
SEIA has officially announced that Abby Hopper, will start her duties at SEIA on Jan. 17. Hopper previously served as the head of the Maryland Energy Association and was an energy advisor to Maryland Gov. Martin O’Malley, during whose administration Maryland developed a progressive solar policy.
Array Technologies to roll out tracker services unit
Albuquerque-based Array plans to roll out a new services division to accompany its growing tracker business.
India to install more than 9 GW of solar in 2017, forecasts Mercom Capital
Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.
DEWA confirms 200 MW solar project is 80% complete
The record-breaking second phase of the Mohammed bin Rashid Al Maktoum Solar Park is now over 80% complete, with progress going well for the April 2017 completion target, as the park continues to grow with an eventual goal of being 5 GW in size.
2016 was ‘landmark year’ for Scottish renewables, says WWF Scotland
Having reached a series of clean energy milestones in 2016, WWF Scotland and Scottish Renewables are urging Scottish ministers to set a target of 50% renewable energy penetration by 2030.
India tendered 1.7 GW of solar in December, finds Mercom Capital
Data from the analysts reveals that a total of 1,776 MW of new solar capacity was tendered in the final month of 2016, with the Solar Energy Corporation of India responsible for more than 1 GW.
Mexico targets addition of 5.4 GW of PV in next 3 years
PV capacity in the country could be increased 20-fold from the 270 MW currently installed by the end of 2019.
