China’s National Energy Administration has announced that it will boost its 2015 solar target to 17.8 GW. The NEA has cited the need to, “stabilize and expand the solar application market,” as the reason for the move.
The South American nation is ramping up solar development with another solar auction scheduled for November.
Declining module costs are making PV-hybrid systems increasingly appealing to off-grid mining operators eager to reduce fossil fuel costs, according to a new study by Apricum.
The country appears to be on a major solar roll with yet another government-backed PV deal. Jordan’s Philadelphia Solar is the latest firm to sign on for a large-scale project, but doubts are growing about the sustainability of Egypt’s FiT scheme and lack of grid capacity.
“We believe sentiment for China’s solar market is on an upswing,” starts an investor note produced by Roth Capital Partners in the wake of the NEA’s announcement to increase by 20% the country’s solar installation goals for 2015.
Despite technically reaching grid parity, Greece installed a mere 13 MW of new solar PV in 2014, according to official statistics released last week.
The German utility giant has acquired a minority stake in Conergy. The leading downstream solar company expects to expand operations this year in Latin America, Japan, Philippines and Africa, CEO Andrew de Pass tells pv magazine.
Connection of the Elms Farm solar park made in time to qualify for 1.4 ROC. Plant sold to Bluefield Solar Income Fund as part of company’s growing PV portfolio.
The second national solar auction in Brazil will award 20-year contracts to winning projects, which are to begin operations in 2017.
Interview: PV power plant project developers in Europe are in big trouble. The first round of calls for ground-mounted systems has begun, but it’s not clear how this model will develop. The global market for solar-diesel hybrid systems, however, is large and full of opportunities, says Thomas Hillig, founder of the online platform THEnergy, in an interview with pv magazine.
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