The global solar provider will supply 25.3 MW of modules to four solar projects in the U.S. state of North Carolina.
The state-owned nuclear technology giant says its new partnership with Yingli is reflects China’s goal of sustainable development. The companies aim to build 500 MW of distributed generation projects.
The China Development Bank will loan the country’s largest renewable energy company the funds to develop 800 MW of solar projects.
The modules will be supplied to solar wholesaler Ikaros Solar, and will be installed in a solar park in the county of Norfolk, England.
The country’s state-run Solar Energy Corp. — which is set to conduct the 750 MW auction — says solar developers are concerned many state utilities will be unable to pay for power produced.
The country’s Energy Market Regulatory Authority predicts solar PV capacity to reach 3 GW by 2023.
The decision marks the first time that unsubsidized solar energy has gone head-to-head with natural gas and come out on top as the best option, both economically and environmentally.
SolarWorld says it is seeking to stop producers in China and Taiwan from evading duties by assembling modules from cells manufactured in third countries, a practice that allows them to sell below production costs in the U.S.
The Chinese government is undertaking steps to strengthen its embattled solar sector, in part by introducing tough guidelines that could whittle down the domestic industry.
Partnering with SunPower Corp. and the Georgia Institute of Technology, Ford has created a hybrid vehicle that uses a solar panel system and special concentrator technology to charge its battery.
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