BNEF expects 34% fall in PV module prices in 2018
The organization is expecting carnage throughout the solar value chain as the result of reduced policy support for deployment in China.
Greek researchers hit new efficiency landmark for single-junction OPV cells
While intriguing, OPV technology has yet to achieve the commercial efficiency yield to be a serious competitor. Research institutes and companies worldwide are exploring compound and manufacturing methods as organic PV yields rise.
JinkoSolar to supply sPower with 1.43 GW of panels
The massive order follows the 2.75 GW supply deal the Chinese manufacturer signed with NextEra, as it deepens its presence in the U.S. market.
Residential PV demand spikes as Vietnam eyes new installation targets
Residential solar installations have almost trebled in Ho Chi Minh City in the past nine months, in line with the Vietnamese government’s recently announced aim for solar arrays to be installed on 26% of the country’s homes by 2030.
UK government mulls public subsidy for nuclear
Business minister Greg Clark admitted in parliament yesterday the Conservative government is considering plowing billions of pounds of taxpayers’ money into the proposed Wylfa Newydd nuclear project in north Wales.
Renesola revises up Q1 outlook despite China’s new PV provisions
The Chinese project developer expects quarterly revenue to be higher by up to $15 million, and solar module prices to drop significantly in the second half of the year.
China shakes PV world
The solar superpower’s departure from its ambitious PV targets has shaken the industry and put a dampener on share prices. Analysts from U.S. investment bank Roth Capital expect a module oversupply mountain of more than 30 GW as a result of the policy change.
Russia pre-qualifies PV projects totaling 554.3 MW for pending RE auction
Only a third of the projects, however, will reach the auction’s final phase, as the Russian government announced last year it would allocate 829.94 MW of wind and only 150.2 MW of solar in this round of bids.
Greenko to buy Orange Renewable for $1 billion
Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, is set to buy the solar and wind portfolio of Orange Renewable. The move will constitute Greenko’s largest acquisition and will add 1 GW to its operational capacity to raise the company’s portfolio to 4.2 GW, just shy of the capacity held by ReNew Power Ventures, the country’s largest renewable energy company.
Bilateral PPAs help independent retailers drive large scale Australian solar
Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.
