Almost 85% of the country’s installed capacity, which is sitting at around 1.1 GW, is represented by large-scale solar plants contracted by the Brazilian government in energy auctions that were held between 2014 and 2015.
The group’s unit specializing in solar module production, Photowatt will expand its ingot and wafer capacity from 50 MW to 500 MW, and will enter into a partnership with Canadian Solar and ECM Greentech. More details have also emerged on EDF’s 30 GW solar plan.
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.
Venture capital, debt, securitization and project finance were all winners in 2017, as were solar stocks. However Mercom Capital warns that the pending Section 201 ruling could cause significant damage to the sector in 2018.
The All India Solar Industries Association (AISIA) says the proposed safeguard duty will be counterproductive for the solar industry, and has called for differential anti-dumping duties for specific countries to be imposed, including China.
An un-named PV maker is seeking $54 million in state and local incentives to build its U.S. headquarters in the state, along with investing $410 million to build two factories employing 800 workers.
While the U.S. Federal Energy Regulatory Commission (FERC) continues to struggle with reporting accurate data on existing solar, it has recorded a large volume of proposed projects over the next three years.
Shell Development Oman has awarded a contract to Hussam Technology Company LLC (HTC) to develop and install two solar PV systems at schools in Oman.
The Dutch-U.S. solar developer and the Israeli company are teaming up to construct 10 solar power plants with a capacity of 10 MW each at several university campuses in Ethiopia.
The Saudi energy company will build three solar facilities under Round 2 of the country’s FIT program.
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