Renewables in UK to rival thermal power by 2025
A new report, released today, has concluded that the cumulative installed capacity of renewable energy plants will reach 79 GW by 2025, only 2 GW less than the predicted installed capacity of traditional thermal plants.
OPIC to fund 60 MW South African PV project
The Overseas Private Investment Corporation (OPIC) will invest up to US$250 million in its first photovoltaic project in South Africa.
Fluor Corporation plans 170 MW PV project in California
Fluor Corporation has been awarded an EPC contract to construct a 170 MW photovoltaic plant in southern California by Centinela Solar Energy, LLC, a member of the LS Power Group. It is scheduled to be online by mid-2014.
Sonnedix closes 90 million financing on 24 MW French PV project
Sonnedix has closed a 90 million long term non-recourse project financing deal on its 24 MW photovoltaic project in north eastern France with HSH Nordbank AG.
Australia: Proposed "gross FITs" slammed
Only months after the new conservative government in the Australian state of Queensland slashed its FIT program, a proposal to pay gross FITs has been slammed by clean energy groups.
India: Demand for RECs expected to rocket by 2016
Despite only 5 of India’s solar Renewable Energy Certificates (RECs) being traded when the solar offsetting mechanism started this May, consulting firm Bridge to India has predicted some 480 million RECs will be changing hands by 2016.
French Government plans FIT phase out
To further develop photovoltaic power in France, the new French government has recommended a change from the current feed-in tariff (FIT) system, available for systems up to 100 kWp, to an auction system.
Isofotón not interested in Sovello takeover
Isofotón has said it is not interested in taking Sovello over. After reviewing the German companys books, it has decided not to submit an offer.
PV polysilicon prices continue to plummet
Oversupply is continuing to plague the photovoltaic polysilicon market, according to IHS iSuppi, which say Tier 1 suppliers need to reduce production to alleviate the market. A revival could be seen this year; however, investigations by China into the U.S. and Korean markets are hampering development.
China: 300 MW of agricultural PV opportunities emerge
Agricultural photovoltaic applications in Central and Eastern China are opening up, producing demand for modules in regions where land for ground mounted arrays are in short supply. The trend has been identified in the NPD Solarbuzz China Deal Tracker report, published today.
