China confirms $435m solar subsidy budget for this year
The race is on to process applications for central payments across the world’s biggest solar market, particularly as qualifying projects must reportedly be grid connected this year. The final electricity price will be a major competitive factor considered by the Beijing authorities.
Argentina “mini” renewables auction moves forward
Some 56 bids were submitted for the fourth round of the RenovAr program for large scale renewables. Projects will be selected on July 22. With this procurement the Argentinian government wants to allocate a total of 350 MW of solar and wind generation capacity, with a 10 MW size limit per project.
Canadian Solar suffers $129m reversal in quarterly fortunes
With figures at the end of last year boosted by profitable PV project sales, the manufacturer and developer is now nursing unflattering comparisons and aims to get more projects built and sold by the end of next month.
ADB provides backing for 100 MW solar project in Cambodia
The development will comprise multiple smaller projects, a first 60 MW batch of which closed its first tender window this month with the results not yet publicized. Cambodia boasts comparatively high electricity prices and has been urged by the UN Development Program to use PV to drive down energy bills.
Hanergy’s $1bn HanTile announcement has turned out to be a typo
The thin film manufacturer says it has issued clarifications to media after pv magazine pointed out it had announced a blockbusting HanTile agreement in the wake of Intersolar Europe.
Trans-Pacific partnership aims to accelerate green hydrogen uptake
Australia’s national science agency CSIRO and Canada’s University of British Columbia have announced a memorandum of understanding aimed at accelerating clean hydrogen technologies.
PV leads the way as renewables threaten coal-fired power
With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.
Interview: Solaredge’s Handelsman says integration is critical
At the Smarter E Europe trade show in Munich, pv magazine caught up with Lior Handelsman, VP for marketing and product strategy and founder of Solaredge. The Israeli company made headlines as it went on an acquisition spree in the last year to leverage its position in the storage and EV charging business.
Sonnedix reaches financial close for a 171 MW project in northern Chile
The $99 million financing was provided by the CAF development bank of Latin America. The large scale solar facility will be in the Atacama desert.
Pakistani regulator signs off on 27 MW of new PV capacity, 15 MW of it bifacial
One 15 MW project will see the installation of high power mono bifacial modules – no small feat for any market. Other projects will be collocated with the country’s industry to improve security of supply, as load shedding occurs for several hours each day.
