UAE-based Ocean Holding plans to invest $100 million in solar in Armenia
Armenia’s Ministry of Energy has signed a MoU with UAE-based Ocean Holding for the construction of PV plants with a combined capacity of over 100 MW.
Stanford advocates ending China solar tariffs
The report led by a former Wall Street Journal editor gives national advice that mimics policies under President Obama’s energy department, but is unlikely to go anywhere under Trump.
EDF joins consortium building phase III of Dubai’s 1 GW solar plant
The French power utility will join forces with a consortium led by Abu Dhabi-based developer Masdar to build the third 800 MW phase of the largest PV project in the UAE.
New York City passes 100 MW of installed PV
The city is now 10% to its 2030 solar goal, but still lags well behind the rest of New York State in deployment.
IHS Markit: Storage and better grid efficiency could save hundreds of billions each year
A new white paper published by analysts at IHS Markit compares the electricity network with other key systems such as transport and data infrastructure. The report concludes that increasing the amount of electricity storage available could create a more flexible, efficient and reliable grid, and save billions of dollars each year.
Solar monitoring company wins $2.1m ARENA grant
Sydney-based solar data start-up Solar Analytics has been awarded $2.1 million in grant funding from the federal government’s Australian Renewable Energy Agency, to fast-track its rooftop PV monitoring technology.
Trade Show tour at Energy Storage Europe 2017: innovative storage products
Video: Michael Fuhs and Jonathan Gifford, chief editors at pv magazine group, showcase the latest innovations at the Energy Storage Europe 2017 exhibition that are shaping the storage market.
Ukraine’s PV capacity tops 530.8 MW
Ukraine installed almost 100 MW of new PV systems in 2016. The country’s cumulative installed PV power reached 530.8 at the end of last year. Local agency SAEE predicts 150 MW of new PV installations for 2017, while the association UARE expects between 300 MW and 400 MW.
Meyer Burger keeps working on turnaround plan
The Swiss equipment provider saw its turnover increase significantly in 2016. This growth is due to increasing investments in upgrading technologies and capacity expansion in the PV industry.
Neo Solar Power posts $206.9 million net loss in 2016
The Taiwanese PV cell producer partly attributed the NT$6.3 billion ($206.9 million) loss — down from a NT$139 million net profit in 2015 — to the idling of some of its production capacity in China.
