Markets

Mexico’s PV capacity reached 389 MW at the end of 2016

The newly installed PV power for 2016 was approximately 219 MW, according to new data released by the government.

Greece’s PV restart: Hellenic Petroleum secures financing for at least 8.6 MW

Greece’s Hellenic Petroleum has secured financing to develop 190 MW of combined solar PV and wind power capacity in Greece. The company was awarded 8.6 MW of PV capacity in Greece’s inaugural renewable energy tender in December 2016.

Two more 2 MW PV project proposals submitted to Albanian authorities

Overall, 11 similar proposals for PV and hydropower projects of up to 2 MW have been filed to date by the Albanian Ministry of Energy and Industry.

Spanish government provides auction’s official numbers: allocated solar capacity reaches 3.9 GW

Around 3,909 MW of solar was assigned in yesterday’s auction. This is 400 MW more than what Spanish solar association UNEF had estimated in its provisional forecast.

Spain’s auction allocates 3.5 GW of PV capacity

Solar had the largest share in Spain’s renewable energy auction, leaving wind power, which won all the allocated capacity in the previous auction, with just 720 MW.

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Azerbaijan commissions 1.1 MW solar plant in Pirallahi island

The project is the first phase of the 2.8 MW Pirallahi PV power plant and part of the Government’s 2014-2020 energy strategy which aims to deploy over 600 MW of solar by 2020.

India launches AD probe against Chinese, Taiwanese and Malaysian solar cells

Country’s Directorate General of Anti-Dumping states that it has identified a causal link between dumping and injury of Indian firms, enough to warrant the initiation of the investigation.

VDMA: solar equipment orders increase 328% in Q1

A report published by German engineering federation VDMA reveals strong demand for solar production equipment, with order intake in the first quarter of 2017 tripling over the previous quarter. The book to bill ratio of orders to delivered systems hit the ‘very high’ level of 4.4 for the first quarter of 2017

Italy’s CESI helps Bahrain implement solar program

The Italian company will provide technical assistance for the implementation of a net metering scheme for decentralized renewable and solar energy projects under Bahrain’s National Renewable Energy Action Plan (NREAP).

Community solar may push Finnish PV market forward

In 2016, the North European country saw the addition of 19 MW of new PV systems. As the Finnish economy seems now to be reviving after several years of stagnation, solar (and especially community solar) may become even more interesting for homeowners and businesses.