Utility Scale PV

Around 20 GW of solar PV projects were initially competing in the contest. PV was again the source with the largest share, accounting for around 80% of total assigned capacity. The final average price for solar was 118 BRL (US$35.2)/MWh.

South Africa’s utility-scale solar industry is finally back on track following the signing of 27 renewable energy power purchase agreements (PPAs).

A solar power plant with a capacity of between 20 and 30 MW is currently being planned with the support of the World Bank, which is now seeking consultants to carry out a feasibility study for the project.

The Swiss bank will utilize the proceeds to refinance construction and operation of U.S. solar projects, and this could be the first of several issuances.

Longi Green Energy Technology Co., Ltd has announced plans to build a 228 MW solar PV project in China. The Chinese vertically integrated solar PV manufacturer has also signed a 39,600 metric ton (MT) high purity polysilicon agreement with Daqo New Energy Corp.

The funds are part of a €100 million investment plan. The pilot projects will be developed on water surfaces that are not utilized for other purposes.

The U.S.-based power giant has announced that it is the mysterious counterparty that will be supporting JinkoSolar’s foray into U.S. manufacturing, and Jinko has revealed that its Florida factory will have a 400 MW annual capacity.

The solar facility will sell power to the local grid at around US$0.04/kWh. The project is part of Armenia’s six-year $58 million solar program.

Common sense appears to have prevailed in South Africa, with the Gauteng North High Court ruling against coal’s attempt to block the signing of 27 renewable energy PPAs.

The facility, which will power the company’s headquarters, will raise its power production for self-consumption by 50%. The installation will also deliver part of its power surplus to other companies of the group and to the spot market.