Iran’s PV market expected to see strong growth over next 12 months
Between 750 MW and 800 MW of renewable energy generation capacity will be installed in Iran in the country’s current calender year. Most of this capacity will come from solar and wind. Meanwhile, the country has reached approximately 22 MW of cumulative installed solar capacity, as of the end of February 2017.
Uzbekistan set to launch 500 MW solar plan
The Government of Uzbekistan announced that five 100 MW solar plants will be installed in the country in the period 2017-2021. Total investments for the plan are expected to reach $1.1 billion.
AC Energy acquires renewable energy development platform
The Philippine conglomerate Ayala Corporation’s energy-focused arm AC Energy Holdings Inc. has taken control of Bronzeoak Clean Energy (BCE) and San Carlos Clean Energy (SCCE).
Q4 contraction does not dampen record 2016 for Hanwha Q Cells
The South Korean solar company posted record revenues and module shipments last year, increasing 34.8% and 55% respectively year-on-year.
Enetronica reports revenue and profit drop for 2016
The Italian solar developer saw its turnover and profits decline slightly last year. The company acquired Italian solar inverter manufacturer Elettronica Santerno in late 2016.
Sri Lanka to extend loans for rooftop solar systems
The island nation’s Ministry of Power and Renewable Energy is set to leapfrog to the next stage of energy supply by expanding its loan scheme for rooftop solar.
Stanford advocates ending China solar tariffs
The report led by a former Wall Street Journal editor gives national advice that mimics policies under President Obama’s energy department, but is unlikely to go anywhere under Trump.
New York City passes 100 MW of installed PV
The city is now 10% to its 2030 solar goal, but still lags well behind the rest of New York State in deployment.
IHS Markit: Storage and better grid efficiency could save hundreds of billions each year
A new white paper published by analysts at IHS Markit compares the electricity network with other key systems such as transport and data infrastructure. The report concludes that increasing the amount of electricity storage available could create a more flexible, efficient and reliable grid, and save billions of dollars each year.
Ukraine’s PV capacity tops 530.8 MW
Ukraine installed almost 100 MW of new PV systems in 2016. The country’s cumulative installed PV power reached 530.8 at the end of last year. Local agency SAEE predicts 150 MW of new PV installations for 2017, while the association UARE expects between 300 MW and 400 MW.
