German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million euro range, company confirms.
Project comprises three 50 MW solar plants commissioned with an average weighted tariff of US 8.5 cents/kWh.
Fully-integrated solar developer ReneSolar has signed a framework agreement with emerging PV player Beijing Enterprises Clean Energy Group to act as EPC for 335 MW of solar rooftop projects in China, which are due to be completed in just six months.
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
Chinese monocrystalline silicon firm Longi has agreed to purchase the assets of Comtec Malaysia, a subsidiary of Comtec Solar Systems Group, for a fee of RMB 200 million (USD 28.74 million), which adds to the company’s expansion across Malaysia after announcing a new manufacturing facility in the country in 2016.
The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.
SEIA has officially announced that Abby Hopper, will start her duties at SEIA on Jan. 17. Hopper previously served as the head of the Maryland Energy Association and was an energy advisor to Maryland Gov. Martin O’Malley, during whose administration Maryland developed a progressive solar policy.
Albuquerque-based Array plans to roll out a new services division to accompany its growing tracker business.
Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.
The record-breaking second phase of the Mohammed bin Rashid Al Maktoum Solar Park is now over 80% complete, with progress going well for the April 2017 completion target, as the park continues to grow with an eventual goal of being 5 GW in size.
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