German company signs PPA for 100 MW solar plant in Iran
As excitement builds around the potential PV market in Iran, German consultancy company Planet in Green agreed a 20 year power purchase agreement for a large-scale PV plant near to Tehran.
China's NEA releases PV installation target for 2016
The installation target, released late in the year, limits PV installations to 18.1 GW, however, there are various PV projects that are not included in the target, which could see total installations reach 20 GW and beyond.
Yingli Q1 profit of $72.8m is first for company since 2011
Chinese module manufacturer increases revenue, module shipments and gross margin in first quarter of 2016 following concerted effort to supply higher cost markets.
IBC Solar working on five projects in Turkey
The German company, who has expanded its business outlook to emerging PV markets, is expanding its position within Turkey, by performing the EPC role on the large-scale projects.
Zambia to be home to Africa's cheapest solar
First Solar, Enel, and Neoen won tenders to develop large-scale solar PV plants in Zambia under the World Banks “Scaling Solar” program, with electricity to be sold for as little as 6.02 cents per KWh.
SolarWorld ramps 72-cell module production in Oregon
The German-American PV maker has now reached 550 MW of annual module capacity at its facility near Portland, Oregon, and has additionally begun production of 5-busbar cells and monocrystalline silicon ingots.
ABB connects mega 648 MW PV plant to Indias grid
The huge plant the largest of its kind in the world was connected by ABB, after the Swiss company was awarded the project by Adani Group, who is currently making a number of moves in the thriving Indian PV market.
Energy storage market to grow to USD250 billion by 2040
This is the forecast in Bloomberg New Energy Finances New Energy Outlook 2016 report, which expects to see the price for energy storage systems significantly drop, as batteries will help to wean power dependency away from large-scale fossil fuel plants.
Major Swedish parties agree to 100% renewable goal by 2040
The five parties, including the coalition government, have agreed on a policy framework for long term future of the country’s power generation, which includes the ambitious target of being 100% renewable by 2040.
Solar to account for 30% of all generation capacity investment until 2040
A new report by Bloomberg New Energy Finance on the future of energy not only points to solar as the technology that will have the most invested in it, but that costs will fall dramatically over the next 25 years, making it the cheapest energy source for most of the world by 2040.
