Mexico solar capacity to surge 521% this year, says GTM Research
Encouraging PV performance in the country’s first Clean Energy Auction prompts GTM to revise its forecast; analysts now expect Mexico to add 646 MW of PV in 2016.
SolarPower Europe leads cross-sector clarion call for more flexible power markets in EU
Industry associations including wind, solar, gas and storage sign declaration calling on EU to drive electricity market reforms this year that will deliver more flexible power markets and systems compatible with renewable energy and storage.
Welspun Energy and ABB report 700 MW of PV installed in India
ABB and Welspun Energy have together installed about 700 MW of solar PV projects in India.
Hawaiian Electric partners with Varentec to test island PV integration technology
The Hawaiian utility embarks on pilot project using Varentec’s grid optimizers and management systems to test ways to minimize voltage fluctuations on island grids with high solar penetration.
Trina Solar signs 40 MW module supply deal with Turkish EPC
The Chinese solar company strikes agreement with Tegnatia for delivery of its 60-cell and 72-cell polycrystalline modules ahead of the Solarex Exhibition to be held this week in Istanbul.
India: NTPC greenlights 510 MW solar power investment
Board of the state-owned utility clears investment funding for two solar power projects, including 260 MW project in Rajasthan and 250 MW project in Madhya Pradesh. Investment total to reach $467 million.
287 MW PV plant in California approved despite objections
Soda Mountain, a 287 MW solar facility in the Mojave Desert in Southern California, was approved by the Obama administration. Ecologists warn about the heavy impact on the local wildlife.
Massachusetts finally has a bill to raise the net metering caps
The conference committee comprised of both houses of MassachusettsÂ’ legislature has reported a bill which will raise net metering caps by 3%, but reduces compensation for larger private solar projects.
Yingli debt repayment extension proposal fails to reach agreement
Lead underwriter of $220 million loan due on May 12 takes into consideration Yingli’s request for two-to-three year repayment extension but fails to confirm agreement.
Healthy competition: An interview with Jenny Chase, BNEF head of solar
pv magazine spoke with Jenny Chase, who leads Bloomberg New Energy Finance’s solar analysis, at the BNEF 2016 Future of Energy Summit in New York City. We discussed her thoughts on solar in the United States, Latin America and globally, including her perspective on record low PPA prices in Mexico.
