Bankset Energy Corporation has ambitious plans to install gigawatts of solar PV on railway sleepers across the globe. While the first installation took place in Switzerland, work is under way on projects in Germany, the United Kingdom, France, the United States, China and Italy; and gearing up in Austria and Spain. pv magazine speaks to Bankset Group president, Patrick Buri.
Responding to recent news reports that Saudi Arabia had abandoned its very ambitious plans to install 200 GW of solar PV by 2030, the country’s Ministry of Energy, Industry and Mineral Resources (MEIM) issued an official statement saying that the plans are still on track. It also outlined three components of a new power sector transformation plan.
Azure Power has announced the early closing of a financing deal worth INR 4 billion (around US$58 million) for a 100 MW solar plant in the Indian state of Karnataka; and INR 6 billion (around $88 million) for a 200 MW solar power plant in Rajasthan. It also signed 415 rooftop solar PPAs in Madhya Pradesh.
In another ambitious announcement, SoftBank Group CEO, Masayoshi Son has said he will give free power from solar power projects after 25 years of PPA to all ISA member countries. He was speaking at the Indian Government organized RE Invest 2018.
The Government of Alberta has opened Requests for Proposals (RfPs) for 135,000 MWh of solar – equivalent to around 55% of its annual electricity generation.
In the latest news emerging from the struggling world of Taiwanese solar cell makers, Motech has announced more layoffs, and a NT$4.8 billion loan; GET has let 203 employees go; and shares of the new UREC merger are said to be down. India’s safeguard tariffs are also hitting the country’s manufacturers hard.
Plans to establish the world’s largest solar energy project have been shelved, according to the Wall Street Journal. Saudi Arabia is instead said to be working on a new, “more practical” renewable energy strategy.
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