Subsidy windfall helps GCL Poly eat into debt mountain
The Chinese manufacturer – which is gambling on a big rebound in global appetite for the raw material for PV panels materializing soon – will devote all of its $143m solar subsidy income to paying off a daunting amount of borrowing.
Taiwan brings first phase of island’s largest PV plant online
14 MW of new solar capacity began feeding energy into Taiwan’s grid this week, as the first phase of a planned 100 MW facility being built by the island’s utility Taipower.
The reasons India’s 10 GW solar tender will not attract big developers
Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.
Pakistan’s regulator to review two PV project proposals totaling 100 MW
Pakistan’s electricity regulator NEPRA will review a proposal for the construction of a 50 MW PV plant planned to sell power at approximately $0.071/kWh, while a second 50 MW project is expected to deliver power at a levelized tariff of $0.076/kWh.
Uttar Pradesh prepares to procure another 550 MW of solar
The Indian state has set an electricity price ceiling of INR3.10/kWh and reserved the right to cancel the auction if it doesn’t fancy the resulting tariff. Bidders can go for projects ranging in size from 5 MW up to the whole capacity on offer.
Iran’s operational PV capacity reaches 250 MW
According to new numbers released by Iran’s Renewable Energy and Energy Efficiency Organization (SATBA), renewable energies have reached a combined cumulative capacity of 650 MW, with solar representing a 39% of the total.
EU approves France’s new scheme for self-consumption
The European Commission has given the green light to €200 million in public support that will be provided by the French governmnet for approximately 490 MW of renewable energy capacity expected to be deployed under the self-consumption regime. The scheme will be based on technology-neutral tenders.
Poland to see its first large-scale solar storage project
Project was developed by Chinese storage system provider and panel manker BYD. The system is linked to a 1 MW solar plant built by the same company.
Enel begins work on 475 MW solar plant in Brazil
Enel will invest around 1,400 million BRL ($390 million) in the construction of the São Gonçalo solar plant, located in the state of Piauí. The 475 MW project is currently the largest PV plant under construction in South America.
Large-scale projects, net metering and solar leasing for Malaysia
Minister announces new-year changes to try and drive further PV adoption in the populous southeast Asian nation.
