The Tokyo-based group will oversee construction of the ¥13 billion ($114.3 million) project in the city of Minamisoma, on the east coast of the Japanese island of Honshu.
Price of INR 3.30/kWh recorded at Rewa Solar Park auction in Madhya Pradesh among lowest in the world, and marks continuation of downward trend. Many factors played a role in bringing down the price in this particular auction, says Mercom Capital Group.
The independent power producer has signed a development partnership with GSSG Solar to build a 170 MW solar portfolio in Japan through its Japanese operator, Nippon Solar Services.
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
The Renewable Energy Association’s energy storage conference that took place in London this week affirmed the U.K.’s immense energy storage potential. To unlock this potential, however, the sector is waiting for policymakers to unveil new policies that will make country’s energy much more storage-friendly.
Today’s reverse auction for capacity at the 750 MW Rewa solar farm in the Indian state attracts record-low bid of just INR 3.59/kWh ($0.053/kWh).
Electricity company Celsia will begin work on a 9.9 MW project in March, and grid connection is expected later in 2017.
Spanish project developers Energoya announced completion of construction on a 23 MW power plant in the town Ma’an, while 3G-ERES connected 3 commercial installations totalling 11.1 MW to boast the first solar powered 5 star hotels in the world.
Solar farm is island’s first utility-scale PV plant and augments GES’ renewables portfolio.
Germany’s Federal Network Agency has awarded 38 bids in the first PV tender under the EEG 2017. The average bid price fell lower than the pilot tenders, reaching €0.0658 per kWh.
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