PV has the lowest LCOE in Germany, finds Fraunhofer ISE
According to Fraunhofer ISE experts, PV’s Levelized Cost of Energy (LCOE) currently ranges between €0.0371 and €0.1154 per kWh in Germany. The potential for further cost reductions is vast, the researchers add.
Europe to add 11 GW of solar in 2018, IHS Markit says
The analysts forecast further solar growth for this year, with the Spanish market expected to become Europe’s fifth-largest in 2018.
The 9th ITRPV: Module price pressure to continue as production capacity tops 130 GWp, price learning curve rises to 22.8%
Annual International Roadmap for Photovoltaics, compiled by the German production equipment industrial association (VDMA), reveals slowdown in module price reduction for 2017 in contrast to significant market increase that saw module production capacity rise above 130 GW.
Acciona breaks ground on 186 MW of solar in Egypt
The Spanish renewable energy company is building three solar facilities at the Benban complex in partnership with Saudi company, Swicorp. The installations will rely on solar modules provided by Chinese manufacturer, Astronergy and trackers from the Spanish provider, STI Norland.
Cox Energy secures PPA for 660 MW of solar in Spain and Portugal
The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
The weekend read: A watershed year for Belgium
Belgium market update: Once among Europe’s leaders in solar PV deployment, with more than 1 GW of capacity added in its peak year of 2011, Belgium’s market lost momentum following the abrupt closure of generous subsidy programs. In recent years, driven by its residential PV segment, the country has experienced a solar comeback, which became particularly prominent in the year just passed.
US FERC counts 48 GW-AC of large solar projects planned by 2021
Proposed utility-scale projects have begun piling up at the U.S. federal agency, as the end of the 30% Investment Tax Credit (ITC) draws closer.
Mexico to hold new power auction including solar in November
This year’s auction will be carried out by Mexico’s energy regulatory commission, CRE. Final results will be announced in early November.
Norwegian solar market grew by 59% in 2017
The country’s cumulative installed PV capacity reached 45 MW at the end of last December. Newly installed PV systems for 2017 totaled around 18 MW, which was the largest annual growth ever registered in the Norwegian PV market.
Peru to hold new auction for solar and renewables in 2H of 2018 – Interview
In an interview with pv magazine, the president of the Peruvian Society of Renewable Energies, Juan Coronado, discusses the auction for solar and renewables, which the government is obliged to hold this year, and the different options large-solar has to resume its development in the Andean country. According to him, when the obstacles that are currently impeding private PPAs are eliminated, utility-scale PV projects could be conceived outside of the auction mechanism.
