German company signs PPA for 100 MW solar plant in Iran
As excitement builds around the potential PV market in Iran, German consultancy company Planet in Green agreed a 20 year power purchase agreement for a large-scale PV plant near to Tehran.
China's NEA releases PV installation target for 2016
The installation target, released late in the year, limits PV installations to 18.1 GW, however, there are various PV projects that are not included in the target, which could see total installations reach 20 GW and beyond.
Worlds largest off-grid battery system headed to Rwanda
The 2.68 MWh storage system will be supplied by German commercial system manufacturer Tesvolt, and will be connected to a 3.3 MW PV plant as part of an agricultural project.
Yingli Q1 profit of $72.8m is first for company since 2011
Chinese module manufacturer increases revenue, module shipments and gross margin in first quarter of 2016 following concerted effort to supply higher cost markets.
IBC Solar working on five projects in Turkey
The German company, who has expanded its business outlook to emerging PV markets, is expanding its position within Turkey, by performing the EPC role on the large-scale projects.
PID-related performance drop in a solar farm
Black Sheep campaign: Some PV panels or batches of modules are susceptible to potential induced degradation (PID), while others are scarcely affected. Currently, many PV farm operators are experiencing this reality. The third instalment of our “Bring on the Black Sheep” series describes a case in which a module manufacturer behaved in a close to exemplary manner, but the inverter manufacturer made life difficult.
Zambia to be home to Africa's cheapest solar
First Solar, Enel, and Neoen won tenders to develop large-scale solar PV plants in Zambia under the World Banks “Scaling Solar” program, with electricity to be sold for as little as 6.02 cents per KWh.
ABB connects mega 648 MW PV plant to Indias grid
The huge plant the largest of its kind in the world was connected by ABB, after the Swiss company was awarded the project by Adani Group, who is currently making a number of moves in the thriving Indian PV market.
Energy storage market to grow to USD250 billion by 2040
This is the forecast in Bloomberg New Energy Finances New Energy Outlook 2016 report, which expects to see the price for energy storage systems significantly drop, as batteries will help to wean power dependency away from large-scale fossil fuel plants.
Major Swedish parties agree to 100% renewable goal by 2040
The five parties, including the coalition government, have agreed on a policy framework for long term future of the country’s power generation, which includes the ambitious target of being 100% renewable by 2040.
