India’s 1 GW-plus ‘ultra-mega’ solar parks driving the energy transition
The nation hosts numerous gigawatt scale sites, two of which are the largest commissioned in the world. The huge PV parks have been instrumental in driving economies of scale and continue to attract global capital and some of the most recognized renewables developers.
European solar records will continue to tumble this summer
Solar forecasting company Solargis says the insight offered by Covid-19 industrial shutdowns into a renewables-driven future serves to emphasize the value of the chief commodity it trades in – data.
A gigawatt solar factory in Europe? Why it must be in France
With Swiss solar equipment company Meyer Burger laying plans for a module fab in North Rhine-Westphalia and Norwegian panel maker REC Group mulling a fab in Sarreguemines, northeastern France, Xavier Daval – from French renewables association the SER – says it is time Europe resumes its path to a stable solar manufacturing industry, not least because of the rising proportion of solar module costs accounted for by shipping.
Chinese PV Industry Brief: Lower wafer prices, new modules, and a factory under construction
Longi has announced more cuts to wafer prices, while cell manufacturer Tongwei has started building the first phase of its 30 GW Jintang PV manufacturing base. Risen Energy has also released solid financials, while JA Solar has unveiled plans to start selling its 500 W-plus solar modules.
Covid-19 hampering the survival prospects of private solar developers in China
SFCE has revealed, in a string of stock market updates this year, the coronavirus pandemic is complicating its efforts to sell off PV projects fast enough to pay off creditors.
Indian renewables-plus-storage tender secures power for $0.038/kWh
Winning developer Renew Power can opt for solar, wind or hybrid plants along with energy storage systems to ensure round-the-clock power supply.
How to protect clean energy auctions during Covid-19 crisis
The EU research group tasked with optimizing renewable energy auction procurement processes said the achievement of climate change goals brought about by plunging energy demand should not endanger longer-term ambitions.
Strong Q1 for First Solar, Enphase, Sunrun
U.S. residential solar installer Sunrun reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. Micro-inverter manufacturer Enphase’s first-quarter revenues exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location.
Finnish solar manufacturer gets Lithuanian factory purchase over the line
Appetite may have been lacking among private investors – at a time when global stocks are tanking amid Covid-19 and global recession fears – but the eco-friendly new Finnish government, and neighboring administrations, have stepped in to fill the breach.
Power purchase agreement for 83 MW of Spanish solar
Sunco Capital has secured a deal with oil major Shell. The electricity will be provided by two solar parks Sunco is building near Ciudad Real, in southern Spain.
