Installations

The Spanish developer said that funds from the IPO will be primarily invested in the execution of its 510 MW PV project pipeline.

The target of 105 GW of cumulative installed photovoltaic power, which was originally set for the end of the decade, has already been surpassed. PV Info Link says the 2020 solar target may now be revised upwards to 210-270 GW.

Originally scheduled to be held on Jan. 2, the auction has been delayed to an unspecified date in the third quarter of next year. Colombia’s national mining and energy planning unit UPME has also postponed the publication of final bidding terms at the request of interested parties.

The Dubai Water and Electricity Authority (DEWA) has announced it will expand Phase IV of the 5 GW Mohammed bin Rashid Maktoum Solar Park by another 250 MW. The power utility has also revealed that the PPA with the project developer, local energy giant ACWA Power has been amended, and that the new PV portion of Phase IV, which originally included only a 700 MW CSP power plant planned to sell power at $0.073/kWh, will sell power at a tariff of $0.024/kWh. This price equals that of a 1.17 GW solar project currently under construction in Abu Dhabi.

From a little known niche just a few years ago, floating solar has quickly grown to more than 1 GW of installed capacity worldwide, and a source of great hope for the industry’s future, particularly in countries where space for solar is at a premium. pv magazine spoke with experts from leading floating PV test centers in Singapore and the Netherlands to outline the challenges still faced by floating PV as the technology moves towards major growth.

The Dutch government is planning to raise between €3.5 billion and €5 billion through green bonds annually. The proceeds will be used for sustainable investments, including renewable energy deployment.

The International Renewable Energy Agency says Asia is offering the largest amount of people mini grid access, with the development of such systems mostly led by governments. Global installed capacity reached 308 MW at the end of 2017.

The inverter maker took number one spot in the US from SMA this year, and acquired majority stakes and IP in uninterrupted power supply company Gamatronic and storage system provider Kokam. While other companies have consolidated, SolarEdge managed to report robust results.

Although industry representatives are predicting no falling-off in the market next year, there is nothing in the latest set of figures to support such a positive outlook.

The new decree, which regulates the law for DG promulgated at the end of 2017, is intended to support distributed generation of renewable energy sources under net metering. The fund for DG, though, has shrunk by half in value thanks to currency depreciation.