With no details reported on the final electricity price agreed for a 500 MW solar project to be built in Oman, speculation will center on whether the victorious Saudi power company and its Kuwaiti partners have again trumped lower offers from overseas rivals.
On Saturday afternoon, utility-scale solar output on California’s grid peaked at 10,745 MW – its highest level since last summer. More importantly, California is wringing greater flexibility out of its imports, meaning more renewables with less curtailment.
Stockholders agree to hefty dilution of their shareholding in order to raise funds to pay looming HK$1 billion debt, with state-owned entities including a designated buyout fund due to control up to a third of the new business.
The deadline for the Solar Energy Corporation of India’s latest attempt to incentivize solar manufacturing, by offering generation capacity, has come and gone. The government body’s attempts to kick-start domestic production have thus far made little headway.
The new CEO of SolarPower Europe, Walburga Hemetsberger, explained her goals for the development of the European solar industry in the next 10 years when interviewed by pv magazine during the association’s SolarPower Summit in Brussels.
Real estate and logistics company owner Cheung Shun Lee is making a third attempt to relist a company whose shares have been suspended for five-and-a-half years, and whose corporate history during that time reads like a soap opera.
More than 100 domestic companies are reportedly in the running for a seven-project portfolio that is expected to generate around $1.5 billion of investment – and they will fancy their chances against overseas developers.
Definitive data from analyst Wood Mackenzie and the Solar Energy Industries Association show tariffs taking a bite out of the U.S. market, but also a near-record number of new projects under contract.
With more than 200 MW of newly installed PV, 2018 was a record year for Polish solar. Of the nation’s total PV capacity, 339.5 MW comes from 50 kW or smaller arrays.
The Italian energy company has started construction of a 10 MW solar plant at its Bhit gas field in Pakistan and a 5 MW facility at the ADAM oil concession in Tunisia. It has also begun work on a 30 MW solar plant at its industrial site in Sassari, Italy.
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