The funds will be used by local state-owned utility STEG to support the deployment of 85 MW of new residential PV capacity across the Northern African country.
The solar project Central Fotovoltaica do Corvo will be built by EDA, the Portuguese archipelago’s power utility, and will be used to reduce the island of Corvo’s reliance on fossil fuels.
Series troubleshooting: If several module strings fail completely, the result is usually high yield losses. But to identify the strings and correct the failure can sometimes be a challenge. In this series with realistic cases, pv magazine aims to make the estimation of troubleshooting efforts more concrete and to stimulate a discussion on today’s troubleshooting efficiency.
Many countries who have signed the Paris agreements have been given the opportunity to significantly strengthen their targets for renewables with the next rounds of National Determined Contributions (NDC) coming up. NDCs are an integral part of the Paris Agreement on Climate Change. They outline the actions that countries plan to take to achieve the agreements aim’s.
Toshiba has posted a group net loss of JPY 49.8 billion ($439.5 million) for the first half of the current Japanese fiscal year, but the bleak outlook for its solar operations is the least of its concerns, as it struggles to cover losses from its bankrupt U.S. nuclear business and avoid being delisted from the Tokyo Stock Exchange (TSE).
An energy storage event organised by the UK’s Solar Trade Association this week in London showcased the potential for energy storage development in the country. However, what the solar industry is currently targeting most eagerly is co-locating photovoltaics with batteries.
A newly published report from the China National Renewable Center (CNREC) advises China’s National Energy Administration to increase its targets for total renewable energy capacity (excluding big hydro) to 500 GW by 2020.
The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.
As of September 30, 2017, Azure power has 1,381 MW operating & committed, an increase of 35% over September end 2016. Revenue for the second quarter was INR 1,823.8 million ($27.9 million), an increase of 104% over the quarter ended September 30, 2016. The company’s adjusted EBITDA for the quarter was INR 1,499.5 million (US$23.0 million), an increase of approximately 167% over the fiscal second quarter 2017.
The Korean manufacturing giant posted a slight drop in revenue and profits for the third quarter ending September 30th, but expects to achieve total module shipments in the range of 5.5 GW to 5.7 GW for the full year 2017.
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