Teslas battery Gigafactory likely to result in over 50% oversupply
New research from Lux Research makes the prediction that the Tesla Motors/Panasonic 35 GW lithium-ion battery production will result in 50% overproduction. The scenario will likely occur, says Lux, as Tesla misses its target of selling 500,000 electric cars in 2020.
100 MW solar PV project underway in Pakistan
Powerway Renewable Energy reports that it will supply mounting systems and foundations for the project in Punjab. This is the nation’s first large-scale PV project to reach this level of development.
Crimean government threatens to nationalize Activ Solar's assets in Crimea
Leaders in the former Ukranian region of Crimea, which was annexed by Russia in March, are looking to nationalize projects owned by Activ Solar due to outstanding debt to Russian banks.
Etrion, Hitachi to build 34 MW of utility-scale PV projects in Japan
Etrion is one of the first foreign independent power producers to secure Japanese domestic financing for utility-scale solar plants. Sumitomo Mitsui Trust Bank provided is funding the projects.
ReneSola to develop 13 MW solar farm project in UK
The Chinese PV company expects the solar farm in Dorset, England, to be fully operational and connected to the national energy grid by end of this year.
New UK funding scheme will hit solar hard, says industry
DECC’s first round of spending in the Allocation Framework for Contracts for Difference is unlikely to benefit the solar sector, argues the STA and REA.
China to top 100 GW PV capacity by 2018, says NPD Solarbuzz analyst
By 2018, the world will boast at least nine countries with more than 5 GW PV capacity installed, led by China with more than 100 GW.
Fluor puts online the 170 MW-AC Centinela Solar project in Southern California
Fluor has completed the massive plant in only 20 months time, as the latest utility-scale PV project to go online in Southern California’s Imperial Valley. The plant may also be one of the last mega-projects in the area, as California increasingly moves to smaller utility-scale solar.
Australias largest operating solar farm comes online
Fotowatio Renewable Ventures (FRV) has inaugurated Australias largest operating solar farm, the 24 MW Royall Solar Farm, 23 kilometers (14 miles) outside of the countrys capital city of Canberra. While there are larger PV power plants under construction, at present it is largest operating solar farm Down Under.
Utility scale projects boosting Japan's domestic solar sector
Figures from the Japan Photovoltaic Energy Association show local shipments rose to almost 1.9 GW for first quarter of the financial year.
