SoftBank, Saudi sign incredible 200 GW solar MOU – comment
A memorandum of understanding (MOU) has been signed between the Crown Prince of Saudi Arabia and Japan-based SoftBank founder Masayoshi Son, to establish the world’s largest solar PV energy project by 2030. How likely it is to materialize, and what will be done with the power, if it is realized, however, remains to be seen. Of more interest, says BNEF, is the first 7.2 GW phase.
Italy’s secondary solar market sees new movement with operations totaling 60 MW
While the solar investment fund F2i has agreed to acquire 51 MW across several regions, PV developer Ternienergia has sold 10 solar parks totaling 11 MW.
EDF unveils 10 GW storage plan
The French power utility said it aims to become the European leader in this market. The new plan will entail all market segments, but will primarily focus on the residential sector.
SolarWorld files for insolvency – again
Roughly seven months after its new beginning, the German solar PV manufacturer has again filed for insolvency at the District Court of Bonn – the second time in one year. SolarWorld blames the planned phasing out of anti-dumping measures by the EU Commission against Chinese competition and the further drop in prices.
Kyocera JV inaugurates 13.7 MW floating PV plant in Japan
A joint venture between Kyocera Corporation and Tokyo Century Corporation has completed a 13.7 MW floating solar PV plant in Japan.
EBRD, Energy Secretariat issue guidelines for RE auctions in southeastern Europe
After releasing the guidelines for the grid integration of distributed generation power generators in February, the Energy Community Secretariat has now provided new instructions to help governments of southeastern European countries launch auction mechanisms to support large-scale solar and renewables.
EIB earmarks $25 million financing for d.light solar kit deployment in Africa
Looking to support rural and suburban populations and micro-entrepreneurs with no reliable electricity source, U.S. off-grid solution provider, d.light has secured further funding for the deployment of its solar kits across Africa.
DuPont and Envision join forces to develop new degradation analytics for solar modules
Solar materials producer DuPont Photovoltaics Solutions to cooperate with Internet of Things pioneer in big energy data Envision to develop effective degradation analysis for solar modules.
JA Solar CFO stands down for personal reasons
Herman Zhao resigned on March 27 from his role as chief financial officer for Chinese solar firm, JA Solar. The company affirmed that there had been “no issues involving its financial statements” that prompted the move.
Vestas, EDP completes hybrid wind-solar project in southern Spain
The Danish wind specialist and the renewable energy unit of the Portuguese utility have installed the 3.3 MW power facility near Cadiz, in the Spanish region of Andalucia. Vestas, however, has said that this project does not represent a step into the solar business.
