The 182 MW of new solar capacity installed in the first quarter of the year took the nation to a total 10,072 MW, according to the Ministry of Energy’s Department of Data and Statistical Studies.
The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.
Over the past two years, German renewables business Baywa re has developed in-house floating solar technology and installed nearly 50 MW of projects in the Netherlands. Benoît Roux, director of solar activities at Baywa re in France, said the ramp-up in project size has enabled the company to achieve dramatic cost reductions.
The solar plant developer, which is now based in the States, was upbeat in its first-quarter figures but balance sheet borrowings remain a concern.
Netherlands-based renewables developer Photon Energy will build two PV plants totaling 14 MW in the Riverina region of southern New South Wales (NSW). The two projects will feature bifacial PV modules mounted on single-axis trackers and will supply the produced electricity to the spot market.
Chint Solar Netherlands and Powerfield began construction of two new solar parks in the Netherlands. The Stadskanaal and Buinerveen Solar Parks follow the companies’ 103 MW Midden-Groningen Solar Park, now in operation.
A new 100 MWp solar power plant supplied with Kyocera solar modules has begun operation in Japan’s Kagoshima Prefecture. Operated by the Kyocera-backed Kanoya Osaki Solar Hills LLC joint venture, the plant is one of the largest PV facilities on the island of Kyushu. Venture partner Tokyo Century arranged financing for the project with 17 regional banks.
Cell manufacturer Aiko Solar is raising funds to increase its production capacity with 4.3 GW of new lines while Datang Corporation has inked a deal for a 1 GW desert project.
The coal era could be said to be officially over in the United States.
Sunday will herald the largest PV procurement exercise ever held in Malaysia. Half the available capacity will be directed to 10-30 MW facilities with the balance reserved for plants with capacities of up to 50 MW.
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