SMA rounds out 2017 with 1.2 GW of Australian power plant contracts
SMA is set to supply its central inverters and power plant controllers to more than 20 PV power plant projects in Australia. Today the inverter giant revealed that it has signed contracts to supply its Medium Voltage Power Station (MVPS) and the SMA Power Plant Controller to around 1.2 GW in projects.
Japan’s METI awards 140 MW in first PV auction — report
Japan’s Ministry of Economy, Trade and Industry (METI) has awarded 140 MW of solar capacity to eight companies across nine locations, with the lowest bid coming in at JPY 17.2 ($0.15)/kWh, according to a local media report.
BNEF: China to install 54 GW in 2017
According to a newly released forecast by Bloomberg New Energy Finance, China is likely to install up to 54 GW of solar PV before the year is out, surpassing previous expectations.
Egypt’s PV net metering set to bear fruit
Egypt’s feed-in tariff scheme expired in October, however recent regulatory updates on the net metering scheme are set to bear fruit for solar PV in Egypt. pv magazine explores the new policy and business landscape.
Lazard shows ongoing cost declines in solar (w/ charts)
The consultancy’s 2017 study finds that the global cost of utility-scale solar has reached an unsubsidized LCOE of under $50 per megawatt-hour, making new solar cost-competitive with running existing coal or nuclear plants.
Niger gets its first solar container
Africa GreenTec, alongside the German Investment and Development Company (DEG) and the International Climate Initiative, have installed a solar-plus-storage container in the Tahoua region.
Work on 220 MW Myanmar PV project underway
Work on the first phase of a planned 220 MW solar PV plant is underway in Myanmar, according to Basic Energy Corporation. The Filipino-based energy company is looking to acquire an up to 20% stake in the two EPC companies involved.
Climate Policy Initiative presents financial solutions for rooftop solar in India
CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has presented two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.
EU approves Germany’s law for tenants’ solar power supply
The regulation is intended to support tenants to participate in the advantages of a PV system on the roof of larger apartment buildings, up to 100 kW with a special additional tariff.
India-World Bank signs $100 million loan agreement for Solar Parks
India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.
