Update: Jordan’s unveils successful bids under second tender
The successful bidders under Jordans second 200 MW PV tender round have been announced. Two from Saudi Arabia have generated hopes for a spillover of the uplifting solar mood to the nearby Arab state.
MPowered Inc. and Durbin sign global deal to distribute solar lights for humanitarian aid
MPowered Inc., the maker of Luci inflatable solar lights, announced today that they have signed a 5-year deal with one of the world’s leading medical supply distributors, UK & US-based Durbin Group.
Solar heavy hitters cover the bases at Sol Systems as West Coast operations surge
Cory Vaughan and Erik Bakke join finance firm propelling growth in commercial and small utility-scale solar.
Meyer Burger receives US$40.8 million order for MAiA platform
Meyer Burger has received an order for its MAiA 2.1 system platform from an existing, unidentified Asian customer. Total annual output of the solar cell production equipment will be around 2.5 GW.
Canadian Solar secures US$44 million loan for Ontario PV plant
Canadian Solar Inc. has secured a US$44 million non-recourse construction loan facility for its 10 MW utility-scale PV plant, located in Ontario.
US: SEIA forecasts 25-50% solar market growth in 2016
SEIA forecasts 25-50% market growth in all U.S. solar sectors by 2016. Analyzing the industry from 2004 to 2014, the association finds “huge” growth rates in the employment and investment sectors, in addition to solar deployment. It forecasts 40 GW of cumulative capacity by the end of 2016.
Georgia Power begins work on 90 MW PV projects
Georgia Power has announced the start of construction work on three 30 MW PV projects at army bases throughout Georgia. They are scheduled for grid connection by the end of 2016.
Stationary storage costs to remain high, despite predictions of $172/kWh Li-ion battery costs
Lux Research predicts that costs for “best-in-class” players’ lithium-ion (Li-ion) battery packs will fall to US$172/kWh by 2025. These prices will primarily benefit the electric vehicle (EV) industry, however, with the stationary storage market continuing to see significantly higher prices.
InnoSun, Delta Electronics partner on major PV project in Namibia
The French PV developer is using TSMC CIGS thin-film modules and Delta string inverters for the project, one of the first largest PV projects in the African country. Delta and InnSun plan to continue their collaboration on more larges-scale projects in Africa.
Panasonic aims for 1GW global PV module production
Panasonic Corporation is adding new capacity to two of its existing HIT PV module production lines in Japan under a US$79.3 million capital investment. It aims to increase global capacity to over one GW by 2016.
