Three PV power plants worth a combined 320 MW have begun construction in the southeastern Australian state of Victoria. A joint venture between Overland Sun Farming and the UK’s Island Green Power is behind the AU$500 million (US$384 million) development, which is going ahead despite the projects not having yet signed PPAs.
The Tokyo-listed trading firm built the project with its partners in Okayama, Okayama prefecture.
GCL System Integration (GCL-SI) did not disclose the financial terms of the master distribution agreement, under which Guadalajara-based DMSolar will offer the Chinese PV maker’s components, as well as its GCL-P6/60 and GCL-P6/72 panels.
Middle East Solar Industry Association’s Solar Outlook Report 2017 suggests more than 5.7 GW of solar power – including concentrated solar power – is in the pipeline for the region, with 2017 poised to be strongest year yet.
Paris-based Electro Power Systems (EPS) expects to commission the PV-powered project in the first quarter.
Beijing Enterprises Clean Energy (BECE) has signed a development agreement with the authorities in Weishan county, Shandong province, to build the solar project in the city of Jining.
Turkey’s tender for the flagship solar PV project with 1 GW of capacity has been postponed for one month. The government wants the plant to be built using locally manufactured content only.
The latest figures from GTM Research and SEIA show that for the first time, solar was the largest source of new generation by capacity.
Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
The solar investment group’s cumulative installed capacity in the country hit 1.15GW at the end of December, up from 950.3 MW in late June 2016, according to a statement to the Hong Kong stock exchange.
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