The launch of the series of tenders was confirmed to pv magazine by Turki Mohammed Al Shehri, the head of the Saudi Renewable Energy Project Development Office.
The Chinese Tier 1 solar company had hoped to finalize the sale of six PV power projects in the fourth quarter of last year, but delays to necessary government approvals mean Q4 revenue is lively to be around $700 million lower than expected.
The Solar Energy Corporation of India (SECI) has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expressions of interest for setting up solar manufacturing plants in India until January 29.
Federal regulators have rejected orders from Energy Secretary Perry to design open-ended subsidization of coal and nuclear power plants, and are initiating a new proceeding to look into reliability matters.
Middle Eastern PV: The Jordanian solar sector has enjoyed near-constant growth in recent years, proving that it is a market founded on a sustainable and reliable base. Investors have been wondering for a few years whether Egypt can follow Jordan’s example successfully, and the signs are good that 2018 will prove to be a strong year for Egypt’s solar development. pv magazine explains the forces driving this optimism.
The latest report from the California Energy Commission shows that the state is already getting 30% of its power from renewable energy (excluding large hydro) with solar providing more than a third of this.
Pakistan has updated its 2015 net metering scheme to make it more user friendly. The Government of Punjab, meanwhile, has unveiled a new Access to Clean Energy Investment Program, aimed at installing over 20,000 solar PV rooftop systems.
China’s cumulative solar installations reached approximately 125.8 GW by the end of November, suggesting that PV developers completed nearly 50 GW of capacity in the first 11 months of 2017, according to new government statistics.
Analysis of the U.K.’s energy figures for 2017 show that renewables provided more power than coal on 315 days of the year, with solar a dominant player throughout the summer months.
Trade cases, insolvencies, record-breaking low auction prices, China’s eye watering installation rates – all this and more characterized the 2017 solar PV industry. pv magazine reflects on the biggest stories, trends and developments of the past year; and summarizes what the industry can expect in 2018.