IRENA forecasts 59% solar PV price reduction by 2025
New report from the International Renewable Energy Agency suggests that the average cost for electricity generated by solar PV could decrease by as much as 59% by 2025 compared to 2015 prices.
SunPower, Sunverge collaborate on 4 MWh solar+storage project in New York
Virtual power plant plan will see 300 New York homes fitted with solar panels and battery to create system designed to feed stored energy to grid managed by utility, Con Edison.
Saudi Arabia's first global tender seeks 100 MW of solar PV
The Kingdom is calling on international investors to back two 50 MW PV projects in an inaugural tender by the Saudi Electricity Co. Expressions of interest should be submitted by June 20.
Burnt out, incompatible connectors
Black sheep campaign: PV panel manufacturers selling plug connectors as MC4 compatible is nothing unusual. Two operators who have installed such modules are now struggling with lost insurance coverage and fires.
SunEdison takes on $300 million in new financing
A bankruptcy court has approved additional funding for SunEdison from existing lenders.
ZSW sets new thin film solar world record with 22.6% efficient CIGS PV cell
The new efficiency bests Solar Frontiers thin film record set six months ago by 0.3%.
El Salvador begins auction process for 170 MW of renewables
The auction will be completed in December. The solicitation plans for a 100 MW block for solar PV and 70 MW for wind.
German company signs PPA for 100 MW solar plant in Iran
As excitement builds around the potential PV market in Iran, German consultancy company Planet in Green agreed a 20 year power purchase agreement for a large-scale PV plant near to Tehran.
China's NEA releases PV installation target for 2016
The installation target, released late in the year, limits PV installations to 18.1 GW, however, there are various PV projects that are not included in the target, which could see total installations reach 20 GW and beyond.
Worlds largest off-grid battery system headed to Rwanda
The 2.68 MWh storage system will be supplied by German commercial system manufacturer Tesvolt, and will be connected to a 3.3 MW PV plant as part of an agricultural project.
