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.
The solar facility, planned to be built in the northwestern province of Salta, was awarded a 20-year PPA in the second round (Ronda 1.5) of the Argentinean program for large-scale renewable energy projects, RenovAr.
The 21-year PPAs are the latest in a series of projects and supply deals that have been announced by the Malaysian power utility in recent months.
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim larger share of bulk and dispatchable generation while adding vital flexibility to global energy mix.
A memorandum of understanding (MOU) has been signed between the Crown Prince of Saudi Arabia and Japan-based SoftBank founder Masayoshi Son, to establish the world’s largest solar PV energy project by 2030. How likely it is to materialize, and what will be done with the power, if it is realized, however, remains to be seen. Of more interest, says BNEF, is the first 7.2 GW phase.
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