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Markets & Policy

City of Palo Alto considers solar power contract at under $37/MWh

This is the cheapest power purchase agreement known to pv magazine staff.

Japan proposes 11% FIT cut as domestic solar demand falls

The country’s Ministry of Economy, Trade and Industry advises solar tariffs to fall from JPY 27 to JPY 24 per kilowatt hour in line with tumbling Capex prices for solar; JPEA data reveals 21% drop in domestic solar shipments.

JinkoSolar to offer residential solar financing to US market

The Chinese solar company partners with GreenSky to offer competitive loan program to U.S. residential customers who purchase JinkoSolar PV modules.

2015: 57 GW of solar PV installed, clean energy investment hits highest ever levels

BNEF calculates that 57 GW of solar PV was installed last year, marking an increase of around 30% on 2014. Latest figures also show that, despite factors which could have impeded growth, clean energy financing reached US$329.3 billion in 2015. Chinese and U.S. markets led the charge, alongside a host of new markets; European activity, however, decreased.

Trina Solar acquires 200 MW Dutch solar cell factory from Solland Solar

The Chinese solar company has purchased all machinery, stock, inventory and real estate from Solland Solar; fab is located in Heerlen, the Netherlands.

Qatar JV plans 1 GW solar PV development

Joint venture between Qatar Petroleum and Qatar Electricity and Water Company, created in January, targets 1 GW solar deployment under the $500 million collaborative initiative.

US: ITC extension worth additional 20 GW solar boost by 2022, says NREL

Analysis of the impact of the Investment Tax Credit by the National Renewable Energy Laboratory finds that solar will likely benefit by an additional 20 GW of capacity between now and 2022.

New report finds net metering under attack across the United States

While utilities across the U.S. are seeking to impose higher fixed charges and dismantle net metering, they usually don’t get all they ask for.

Japan backs solar+storage project in Egypt with $89m loan

Government-backed loan of 10 billion yen will support the development of a 20 MW solar plant with 30 MW storage facility close to Egyptian city of Hurghada.

India: SkyPower agrees 200 MW solar PPA with Telangana government

Canadian solar developer to add to its growing Indian solar portfolio with development of four large-scale PV projects in the state of Telangana.

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