The country is also increasingly working with Turkey on a number of ambitious energy projects, including a plans to build 1 GW of capacity and a 450-kilometer-long submarine electricity line connecting the two countries.
Global solar PV demand in Q1 2014 showed a 35% increase over the same period last year, according to figures released by NPD Solarbuzz in its latest quarterly report. The same report predicts that all quarters of 2014 will hit new peaks following a record-breaking 2013.
As part of a new auction, PSEG Long Island has set the final bid price of $0.1688 per kilowatt hour for PV systems of various sizes that are expected to be constructed across Long Island.
Germany’s Fraunhofer Institute has verified the new CIS conversion efficiency breakthrough, achieved at the Atsugi Research Center (ARC) in Kanagawa, Japan.
The credit line will bankroll two PV projects with a combined capacity of 35 MW that have already gone online.
Mexican President Enrique Peña Nieto dedicated the 39 MW Aura Solar I farm on 26 March. The plant is slated to produce 82 GWh per year, which should fulfill the energy needs of 65% of the households in the city of La Paz.
A new IHS report shows string inverters are gaining in popularity. Chinese products and microinverters are also winning over ever more customers.
In addition to a planned fab in Siberia, Schneider and Avelar Energy will also partner on an engineering center in Russia, which will focus on inverter maintainance.
Germany-based Manz has acquired Kemet Electronic Italy. Approval for the transaction was granted by the Italian trades union and the supervisory bodies of both companies. Financial details for the move have been not published.
The Hamburg-based renewable energy group has expanded its investor base and moved into France, where it has made its biggest ever investment in four solar farms with a combined output of 40 MW.
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