Planned PV project in Georgia secures government support
Ergon Solair is one step closer to realizing a $1.5 billion, 1 GW photovoltaic power plant in Georgia. The enterprise would connect Georgia to the European grid via HVDC transmission.
Ontario revamps FIT program
Ontario is set to introduce a number of major changes to its solar feed-in-tariff (FIT) program that will create a competitive procurement process, expand funding programs for municipalities and seek to comply with the recent World Trade Organization (WTO) ruling against the regions domestic content requirements.
EU anti-dumping duties expected to eliminate 1.3 GW of PV installations
European PV installations are set to fall by more than 6 GW this year and the EUs incoming anti-dumping duties on Chinese modules will account for 1.3 GW of the decline, according to a report by research group IHS. Global installations will still see double-digit growth rates, however.
PV materials market to hit $27.2 billion by 2018
Due to the improved supply-demand balance, the global photovoltaic (PV) materials market will climb 52% in 2018, according to a report by Lux Research. Materials differentiation and innovations will become the major contributors to the sustainable growth of global demand.
Advancing global smart grids
Global technical association IEEE has developed a comprehensive resource portfolio aimed at further developing short- and long-term smart grid innovation. Among the first resources available are three “Vision” documents.
Spain: Another deep cut for renewables to come
In order to save costs for the public electric system, the Spanish government is set to again cut subsidies for operational PV plants. Feed-in-tariffs could shrink at a rate of 20%.
France adds 88 MW of new PV in first quarter, weighs carbon footprint of future projects
France installed 88 MW of new PV capacity in the first quarter of the year. While it’s the lowest amount of solar capacity to be installed in the country since 2009, the French government is eager to increase PV while putting greater focus on the the carbon footprint and research and development impact of new projects.
U.S. PV installations rise 33% in first quarter
In the first three months of the year, the U.S. saw PV installations rise 33% to 723 MW, with solar now accounting for 49% of new electric capacity in the country, according to GTM Research and the Solar Energy Industries Association’s (SEIA) newly published U.S. Solar Market Insight report.
LDK Solars Q1 results remain in the red
Hit by falling prices and increased competition, LDK Solar remained deep in red ink in the first three months of the year with a net loss of $187.1 million, $104.3 million in revenue and liabilities totaling $5.3 billion.
Inventux supplies PV modules for solar farm in Chile
German photovoltaic manufacturer Inventux is supporting construction of a 3 MW solar project in Chile.
