Installations

After conducting a review of the results of Germany’s six auctions for large-scale PV, which have led to a very good price/performance ratio for solar power, the German solar association said there is no more reason to set growth limits for the development of PV.

Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.

The horizontal single-axis trackers from NCLAVE will be installed at the Clare Solar Farm in Australia.

According to a scientific paper from the Université libre de Bruxelles, even a further reduction in storage prices may not be sufficient to make solar-plus-storage attractive in the Belgian market.

The CIS thin-film PV specialist has posted an operating loss of JPY 3 billion ($26.4 million) in the three months to March 31, from JPY 2.6 billion a year earlier. Net sales fell 41.3% on the year to JPY 22.2 billion.

Ceará’s environmental authorities approved three 30 MW solar projects submitted by Steelcons Energy.

Around 96% of the PV projects up to 10 MW selected in Germany’s first auction for large-scale solar has now been completed, according to the country’s grid regulator Bundesnetzagentur.

The latest 500 MW tender by the Solar Corporation of India (SECI) drove the tariffs under INR 2.50 ($ 0.038), making solar cheaper than fossil fuel-generated power.

A unit of the Chinese solar investment and development group will acquire a 100% equity interest in China New Energy Holdings, as part of a complex deal involving solar, wind and hydropower assets.

The Chinese PV behemoth’s panels will be installed at the 15 MW Sunshine Coast Solar Farm in Australia.