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.
EIA forecasts falling electric capacity additions in coming decades
With earlier planned capacity additions sufficient to meet most growth in electricity demand, annual capacity additions from 2025 to 2040 will fall more than 50% compared to 2000 to 2013 levels.
Photon Energy records slight Q1 improvement
Photon Energy N.V. has seen market conditions improve slightly in Q1 2015. Despite this, it still recorded a loss of 1.726 million. O&M activity is particularly strong.
AfDB report: Opportunities abound in Mali's growing renewable energy sector
The government of Mali aims to increase the share of renewable energy to 25% alongside a target for rural electrification of 61% by 2033 and is working to make investment in the sector more attractive.
Turkey: JinkoSolar to supply 50 MW of PV panels to Tegnatia
A joint venture between Turkey’s T Dinamik and Egnatia Group in Greece, Tegnatia has become a leading solar EPC service provider in Europe.
Solar to play key role in Ghana's US$230 million renewable energy program
The Ghanaian Government is looking to strengthen its renewable energy industry. A total of US$230 million has been earmarked for the scale-up, which is expected to see solar PV play a significant role. Financing will come from a number of sources. The country’s investment climate has attracted criticism, however.
Jordan’s second PV tender leads to record low tariffs
Jordan’s Ministry of Energy and Mineral Resources has chosen the winners of its second tender round. Overall, four 50 MW PV plants have been selected at record low tariffs, serving to highlight increased efficiencies, falling equipment costs and grid parity advances in the PV industry.
