The plant, under development by Canadian Solar, has secured $80 million from Banco do Nordeste. The facility is scheduled to come online in mid-2020.
A conference in London explored the next steps for renewables in the U.K. There was widespread agreement solar has been left in the cold by a government unwilling to alter the current market dynamics.
Growing evidence of a renewed confidence in the Chinese – and dependent global – solar market was again obvious as Zhonghuan Semiconductor and GCL put their prices up this week. The smart money is on Longi doing the same in short order.
PV demand grew 68% year-on-year from the level seen in 2017 as Germany’s cumulative installed solar generation capacity reached 45.92 GW.
The procurement covers 66 government buildings identified by the nation’s solar unit from a 120-building portfolio. Successful bidders will sign a PPA with the government, which is aiming at self-consumption with an element of net-metering.
Since 2012, Kazakhstan has shown increased interest in its energy transition and put in place supportive regulations. The country lies in the path of China’s ‘One Belt, One Road’ initiative, which unlocks large-scale infrastructure investments.
The editor-in-chief of pv magazine Mexico won first prize in the interview category at this year’s Solar Energy Journalism Awards, organized by the Mexican Solar Energy Association.
An article published in the FT this week was right to point out that pricing new energy capacity involves more than just comparing strike prices, but if you are in the business of calculating real costs, do it properly. For nuclear in particular, that’s a case of ‘in for a penny, in for (several) pounds’.
The acquisition of an 85 MW, three-project solar portfolio by the Tages Helios fund illustrates the confidence investors have in Italian renewables, and fund managers are optimistic about the sector as they bid to expand into wind power as well as PV.
According to a new report from Agora Energiewende and Sandbag, the EU solar market grew around 60%, or 10 GW, last year. The analysis also predicts that total solar demand across all EU PV markets will continue to grow due to lower module prices, and that it may reach an annual volume of 30 GW within four years. Meanwhile, solar has reportedly achieved a 4% share in the EU electricity mix.
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