The Nova Olinda PV plant will require an investment of $300 million and will provide electricity under a 20-year PPA, with operations expected to commence in 2017.
pv magazines Ian Clover was joined by ABB Head of Product Management Jyrki Leppänen and ABB product manager Marko Harju, to discuss the companys latest inverter, the PVS980 central inverter.
The Swiss tooling specialists expect a first half order volume of approximately $267 million, with EBITDA to be slightly above breakeven as the company returns to the black.
The South Korean government has made a pledge to invest 42 trillion won (USD36.6 billion) into renewable energies by 2020, while relaxing regulations over the sale of solar energy generated by distributed systems.
The analyst’s holistic review of the inverter landscape finds SMA, SolarEdge, Schneider Electric, Sungrow, Huawei and ABB each boast certain strengths that enable them to serve various markets.
Both private equity and debt funding were down significantly in Q2 and public market financing remains weak, but distributed solar project funds continue to boom
The new 4kWh sonnenBatterie eco compact retails at US$5,950 plus inverter but before installation.
Solar Trade Association warns that some businesses may have to remove their solar arrays if the proposed increase in tax goes ahead.
Despite installing a record 18.6 GW of solar in 2015, grid-connection delays at large-scale are driving a diversification of China’s PV sector, which will spur the evolution of the inverter market to accommodate more three-phase low power and string inverters.
The Chinese solar module producer says it has achieved 21.1% average efficiency for P-type monocrystalline PERC cells produced in industrial standard conditions.
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