PV has the lowest LCOE in Germany, finds Fraunhofer ISE
According to Fraunhofer ISE experts, PV’s Levelized Cost of Energy (LCOE) currently ranges between €0.0371 and €0.1154 per kWh in Germany. The potential for further cost reductions is vast, the researchers add.
Video interview: Fluence talks peaking capacity at Energy Storage Europe
Praveen Kathpal, Fluence’s VP of Market Applications, explains how the newly formed company – a collaboration between Siemens and AES – is providing flexible peaking capacity to utilities in Southern California, and hears how Europe offers an opportunitiy for the integration of storage into transmission and distribution planning.
Europe to add 11 GW of solar in 2018, IHS Markit says
The analysts forecast further solar growth for this year, with the Spanish market expected to become Europe’s fifth-largest in 2018.
The 9th ITRPV: Module price pressure to continue as production capacity tops 130 GWp, price learning curve rises to 22.8%
Annual International Roadmap for Photovoltaics, compiled by the German production equipment industrial association (VDMA), reveals slowdown in module price reduction for 2017 in contrast to significant market increase that saw module production capacity rise above 130 GW.
IFC, EIB and EBRD commit $424.5 million in green bonds for emerging markets
Three of the world’s leading development finance institutions (DFIs) commit US$424.5 million of investment in green bonds, specifically for developing markets.
Acciona breaks ground on 186 MW of solar in Egypt
The Spanish renewable energy company is building three solar facilities at the Benban complex in partnership with Saudi company, Swicorp. The installations will rely on solar modules provided by Chinese manufacturer, Astronergy and trackers from the Spanish provider, STI Norland.
Cox Energy secures PPA for 660 MW of solar in Spain and Portugal
The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
Schletter files for insolvency under self-administration
The German PV company aims to finalize the proceedings, which are possible under German insolvency law since the summer of 2012. Business operations are expected to run at full capacity.
World Bank approves another $250 million guarantee to support renewables in Argentina
This new transaction is intended to support projects selected in Round 3 of Argentina’s renewable energy program for large-scale projects. The funds are expected to leverage private investments for an amount that should be nine times higher than the value of the guarantee.
SunPower’s exemption filing strikes to heart of trade dispute
The company, noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
