Growing demand from Japan’s booming residential market as well as the mega-solar sector proved lucrative for the electronics giant, which achieved profitability after a hefty loss a year earlier.
The Ankara government has capped its incentive program at 600 MW of new PV plants. It has now awarded the first two licenses. The remaining projects are expected to follow this year.
According to the company, the 233 MW PV power station will be the largest of its kind in Africa, with an output of 372.8 million kilowatt hours a year.
The Swedish solar equipment manufacturer says the shift towards more rooftop installations make lightweight and flexible thin film solar cells ideal.
Consultation published on Tuesday by the government suggests removing the renewables obligation certificate (ROC) for plants over 5 MW by April 1, 2015.
The White House has already invested $2 billion in energy efficiency in federal buildings and is now pledging an additional $2 billion by 2016, doubling the program, with much of the funding going into PV systems.
Downstream developer China Merchants will take a 67.99% shareholding in the new company as poly maker GCL attempts to diversify its business.
The U.S. solar giant has called on the expertise of Australian metalworkers IXL Group in an example of the role the solar industry can play in areas hit by the decline of automotive manufacturing.
The solar sector accounts for 35% of all renewable energy jobs worldwide, according to the International Renewable Energy Agency. China in particular has seen a sharp increase in photovoltaic employment.
The installation is one of six British PV projects that will have a combined capacity 80 MWp commissioned by Vogt in the first three months of the year.
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