Big oil is increasingly turning to solar power to extract petroleum, so much so that the country of Oman and Royal Dutch Shell on Monday announced a $53 million investment in GlassPoint Solar.
The Japanese group’s Energy Solutions division suffered a 97% drop in profit in the first quarter due to sinking residential solar sales in Japan.
A tender for a new 50 MW solar PV park in Israel will be launched on Monday. pv magazine has the story exclusively ahead of the tender’s official announcement.
The PV industry association argues that the law will block “prosumers” from providing flexibility to the energy system and helping to avoid costly grid extensions.
Ingeteam has become a leading O&M provider for renewable energy plants in in Latin America, with contracts totaling 1.2 GW.
By switching from silver to copper, the cost of producing a solar cell would fall by a fraction of a cent. Yet in building a 100 MW facility, developers could save more than $100,000.
A total of 40 school districts representing some 200 schools across the state registered for the solar program.
Teaming up with the state-owned Sichuan Development investment company, Canadian Solar will focus on utility-scale and distributed generation projects in Sichuan Province and other solar resourceful regions in the country.
At a combined capacity of 61 GW, projects in the U.S. and China make up almost half of the current PV pipeline, according to IHS, which says a large share of planned projects are “immature” and unlikely to materialize.
Electricity storage technology looks set to get a boost with two major companies active in the space forming a strategic partnership. Power and automation giant ABB will form a partnership with major Chinese company BYD to collaborate in battery storage for grid-connected, micro grid, solar and marine storage applications.
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