Masen, Morocco’s public agency for renewable energies, has revealed that Acwa Power will develop 170 MW of solar PV plants in the country at a rate of €0.0422 per kWh.
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
Four PV projects were awarded in the second auction for renewable energy projects in the Central American nation.
It was not a pretty year for solar finance, but some sectors remained unscathed.
Bundaberg regional council has approved planning application for an 80 MW PV power plant, lodged by Australian solar developers Esco Pacific. The plant will comprise 400,000 tracker modules, an investment of AU$210 million.
Meteorological data are necessary to measure the performance of a solar plant, to ensure its yield and to effectively plan its maintenance. Gwen Bender, Vaisalas Product Manager for Solar Assessment Services discusses the importance of up to date, accurate weather monitoring, as opposed to relying on data from public sources.
Chinese module manufacturer Suntech announced that it has increased the efficiency for its mass production multicrystalline PERC cells to 20%, transferring its recent laboratory success to the production line.
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and the lithium-ion battery value chain.
IFC is picking up an equity stake in Hero Group’s renewable energy division, which it says will enable it to build 1 GW of solar and wind plants in India.
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