Brazil’s October 31st reserve auction will for the first time include a separate solar-only category. However GTM Research warns that many hurdles must be overcome before any projects awarded get built.
Non-binding agreement calls for work in renewable energy R&D, deployment and investments in infrastructure, as well as exploring grid integration between California and Baja California.
The Portuguese solar group has implemented a total of 29 MW in the country since 2012. The latest installation represents its sixth project with Rengy Development.
One of the largest in Southeast Asia, the solar power project will produce enough electricity to power 287,500 local households.
Solar Systems and Avelar Solar Technologies are set to build 10 new PV farms in southwestern Russia, while IES Holding is developing a 25 MW PV farm in the Orenburg region.
China Development Bank, Macquarie and New Horizon will acquire a 45% stake in the Jinko Power division. JinkoSolar is revising its full-year 2014 project development guidance upwards as a result.
Canadian Solar warns that the U.S. decision “in favor of one non-competitive PV manufacturer will cost tens and thousands of jobs across the entire U.S. solar industry.”
The leading inverter manufacturer is lowering its annual sales forecast by up to EUR 450 million and planning to cut 600 jobs worldwide by the end of next year amidst shrinking demand.
The move by the Arizona utility would replace a utility-scale solar PV plant that it planned to build. APS’ rooftop solar plans are in sharp contrast to its attacks on net-metered solar, and the move has been questioned by SEIA.
The deal follows First Solar’s move last year to invest $100 million in mega solar projects in the country. The XSOL agreement will also supply smaller-scale installations.
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