Installations

New Zealand may reach 6 GW of solar by 2050

National utility Transpower said that solar could take a 9.3% share of the country’s generation mix by the middle of the century. However, real growth is only forecast to occur from 2035, with distributed generation expected to account for more than 80% of total installed PV.

Indian government asks utilities to maintain payments to power producers

The clarification came after states across the country reacted to the power ministry’s recent call for a moratorium on conventional power payments by stopping payments and curtailing renewable power.

Greece wraps up PV tender with record-breaking €0.04911/kWh tariff

Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.

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Lowest shortlisted bid in Saudi 1.47 GW tender was $0.0161/kWh

The shortlisted developers are EDF, Total, ACWA Power, Masdar, First Solar, Marubeni, and Al Blagha Holding.

Golden PV panels for balcony solar systems

German manufacturer a2-solar has supplied 240 solar panels for the renovation of an old building in Bern, Switzerland. The modules, which are being integrated into 96 balconies, feature different transparency options and color variations.

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Covid-19 halting European PPA market – Part IV

In a recent chat with pv magazine, Jason Tundermann – vice president of business development at U.S. trading advisory service LevelTen Energy – predicted a better-than-expected scenario for corporate clean-energy PPAs on the Old Continent. He said the net value of long-term PPA offers has not dropped dramatically, offering hope to corporate buyers.

Malaysia’s Yinson acquires 37.5% stake in Indian IPP

Yinson will pay Rs 554 million ($7.3 million) for a stake in New Delhi-based Rising Sun Energy, which operates two PV plants in the massive Bhadla Solar Park in the Indian state of Rajasthan.

Shunfeng posts $265.2m loss in 2019

The Chinese group’s loss widened significantly from the preceding 12-month period, despite posting a 5.4% year-on-year jump in revenue to RMB1.7 billion ($242.2 million).

Covid-19 daily bulletin: Meyer Burger reduces working hours for staff

The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.

Toshiba bags contract for 147 MW project in Japan

The electronics brand said the project will be its largest engineering, procurement and construction order for a solar plant. Facilities on such a scale are rare in Japan because of land constraints.

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