More than 40 companies have expressed interested in a tender for the construction of a 50 MW solar power plant in Armenia. The project is a part of a US$58 million program to boost renewable energy in the country.
The Singapore-based developer of renewable energy will develop and construct two 100 MWac solar PV projects, located in South Australia and Queensland.
The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.
End of year surge in installations pushes annual total towards 1.5 GW – a slightly higher figure than that recorded in 2015. Tumbling module costs in Europe have aided this upturn, with small-scale solar installations predominant.
Allianz Renewable Fund 2 acquires three large scale solar PV plants from Germany’s BayWa r.e., amounting to 100 MWp of additional solar capacity.
The Florida power company’s results call indicate very rapid activity over the last year, and NextEra expects a similar rate for future development, along with dividend growth.
Electricity from PV plants represented 10.2% of the nation’s electricity mix in 2016. Honduras also leads Central America as the country with the highest PV capacity with 433 MW-AC installed.
The regional initiative is expected to boost the solar PV and thermal solar installations in the state.
Japanese conglomerate Marubeni is planning to build a mega 1.18 GW solar plant, making it the largest in the world, in the United Arab Emirates, with support from JinkoSolar and the Abu Dhabi Water & Electricity Authority, according to Japanese newspaper Nikkei.
It’s ‘business as usual’ in the solar industry as the novelty of 2017 starts to wear off, and how better to get back into the swing of things with more, uncertain, developments in the possible extension of EU trade duties against Chinese cell and module manufacturers, leaving us with as many questions as answers.
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