Solar to attract more investment than coal, gas and nuclear combined this year, says Frost & Sullivan
Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.
NCLAVE supplies trackers for 125 MW Australia project
The horizontal single-axis trackers from NCLAVE will be installed at the Clare Solar Farm in Australia.
NSP’s net loss narrows to $44 million in Q1
Neo Solar Power has posted a net loss of NT$1.3 billion ($43.7 million) for the first quarter of 2017, as weak demand in China weighed on orders.
Belgium: researchers say solar-plus-storage is far from becoming economically viable
According to a scientific paper from the Université libre de Bruxelles, even a further reduction in storage prices may not be sufficient to make solar-plus-storage attractive in the Belgian market.
French government publishes new FITs for rooftop PV installations up to 100 kW
Another decree issued by the French Ministry of the Environment, Energy and the Sea has set the new feed-in tariffs for residential and commercial PV projects up to 100 kW on the French mainland.
Solar Frontier’s operating loss widens to $26.4 million in Q1
The CIS thin-film PV specialist has posted an operating loss of JPY 3 billion ($26.4 million) in the three months to March 31, from JPY 2.6 billion a year earlier. Net sales fell 41.3% on the year to JPY 22.2 billion.
Brazilian state of Ceará approves three solar projects totaling 90 MW
Ceará’s environmental authorities approved three 30 MW solar projects submitted by Steelcons Energy.
Germany: 96% of projects selected in first of six solar auctions is now online
Around 96% of the PV projects up to 10 MW selected in Germany’s first auction for large-scale solar has now been completed, according to the country’s grid regulator Bundesnetzagentur.
Solar tariffs in India tumble to another new record low
The latest 500 MW tender by the Solar Corporation of India (SECI) drove the tariffs under INR 2.50 ($ 0.038), making solar cheaper than fossil fuel-generated power.
Wärtsilä takes over U.S. storage specialist Greensmith
The Helsinki-based company has taken a step further in strengthening its position as a global energy systems integrator. Greensmith´s software is used in Wärtsilä´s new hybrid power plants.
