8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
Global solar market on course for 10th consecutive year of growth, says IHS Markit
Analyst’s quarterly data shows 2016 will deliver 34% year-on-year growth rate as Chinese demand fuels another strong 12 months for the industry, with annual installed capacity to reach 77 GW.
Canadian Solar secures GBP 49.3m to refinance 50 MW UK solar portfolio
Chinese solar plant developer secures sizable non-recourse term loan facility to refinance 50 MW of solar PV parks in the U.K. Finance supplied by British bank NatWest.
Scatec Solar welcomes Africa50 as investor in 100 MW Nigerian solar project
The Norwegian solar park developer signs joint development agreement with Africa50, an African infrastructure fund that is sponsored by the African Development Bank, to bring funding and support to the 100 MW Nova Scotia solar park.
TerraForm Power expects to break even in 2017
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
Huawei and BayWa r.e. partner up on procurement contract
German solar developer BayWa r.e. has signed a Global Procurement Framework Contract with Chinese technology company Huawei, for the supply of an initial target volume of 400 MW of Huawei’s inverters, as Huawei continues its expansion into various international markets.
EDF’s 77.5 MW Vulcan Solar project in Canada receives approval
EDF EN Canada announced that it has received approval from the Alberta Utilities Commission (AUC) to construct a 77.5 MW solar PV plant in Vulcan County, Canada, which will become the largest solar plant in Western Canada, and will make up part of a hybrid renewable energy project.
Abengoa to restart work on 100 MW project in Chile
Spanish renewable energy company Abengoa announced that it will immediately restart construction on the exciting Atacama Desert solar project in Chile, where a 100 MW PV plant and a 110 MW solar thermal plant will look to take advantage of the world’s most concentrated solar radiation.
Australia solar farm announces new tender ….. for sheep
The owners of the Mugga Lane Solar Park in the Australian Capital Territory (ACT) are looking for one more addition to their almost complete 13MW power station – and it’s not battery storage.
10 Indian states account for 90% of country’s large-scale solar, finds Mercom Capital
State-by-state analysis of India’s installed ground-mount and large-scale solar pipeline finds that the country’s solar strength is centered on just ten states.
