Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
The project will consist of a 13 MW solar facility, three 2 MW diesel power generators, and a 5 MWh storage system.
The 25 MW project is being financially supported by the European Union and the AFD with €60 million.
Trina Solar shipped over 9 GW of PV modules in 2017, thus further cementing its leading status in the global solar industry.
New additions for December totaled 157.9 MW. More than half of this capacity comes in the form of ground-mounted solar PV power plants.
The Chinese power and fibre optic cable maker and EPC contractor has unveiled a 100 MW solar power plant installed atop a fishpond.
Kyocera TCL Solar LLC has completed work on a 21.1 MW solar PV plant in Japan’s Hagi City. Operations have also begun on five of the company’s floating solar power plants. Meanwhile, in light of decreasing FITs, it provides an update on its shifting solar focus.
The stake in a 610 MW platform comprising Japanese solar power assets was sold to a consortium led by Global Infrastructure Partners, a U.S. infrastructure investment fund.
Interview: Soventix has been focusing on PV projects in developing countries for years. The German solar company is now building 11 hybrid plants for a Nigerian bank. Soventix CEO, Thorsten Preugschas explains in an interview with pv magazine what the particular challenges of such projects are and why investments are planned in Nigeria.
The Talasol project, which the Israeli solar company acquired in May, plans to sell power to the Spanish spot market starting from 2020. The financial hedge will cover the supply of between 3,500 GWh and 3,700 GWh for a 10-year period.
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