The project will be the largest single-site solar project in Texas, says Recurrent. Utility Austin Energy said solar is now cost effective across 85% of the state’s electricity supply.
The country has announced plans to triple solar capacity within three years. Renewables ambitions also include a 150 GW target for wind power by 2017.
While First Solar is focusing primarily on North America, the Chinese group is thriving in its domestic market, which is expected to grow 31% this year.
Financed by ThomasLloyd and built by Conergy, the $45 million San Carlos I and II PV project is seen as a major achievement and a key part of the country’s efforts to expand solar power generation.
A new energy plan approved by the Japanese cabinet last month makes the case for the accelerated rollout of photovoltaic power generation in communities and municipalities throughout the nation.
The German inverter manufacturer maintained its share of international sales at 68% while first-quarter figures were in line with forecasts.
Falling prices and increased competition from China is making business tough for local PV producers, yet they’ve also spurred PV development while offsetting incentive cutbacks.
Fueled by increasing market demand and efforts by manufacturers to reduce costs, the trend to outsource module production is on the rise among leading global players, says GlobalData.
Despite frigid winter temperatures of around 60 degrees below zero, Sakha boasts impressive solar irradiation during the warm seasons — approximately 810 kW per square meter a year.
Combining the strengths of existing technologies, the storage system offers the advantages of stand-alone and grid-tie use.
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