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 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.
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.
Underpinning its U.S. market expansion, Fronius has announced it will begin inverter production at new headquarters in Portage, Indiana soon. The Austrian-based company will also introduce its Fronius Service Program to the U.S.
Photovoltaic producers will now have to pay a 6% tax on any income they earn from generating solar power, including from feed-in tariffs (FITS).
China-based Shanghai Surpass Sun Electric Co. Ltd has started construction on 2 photovoltaic plants worth 20 MW each, in the province of Qinghai.
Evidence is mounting that Japans solar market is in the early stages of a boom. Reports of US$2 billion in investments in only months, a proposed zero-nuclear future energy plan, and analyst predictions of a shift towards commercial, industrial and utility scale PV are all pointing to a new era for photovoltaics in Japan.
A host of new photovoltaic technology advances and new products were unveiled during the Solar Power International show in Orlando this week, alongside concerned conversations about the U.S.-China trade case, and new partnerships companies are seeking in order to survive the crippling price pressure in the industry.
Without support, grid connected photovoltaics cannot grow profitably, states Navigant Research’s Paula Mints. Furthermore, while traditional energy sources are likely to continue to receive subsidies, it cannot be assumed photovoltaics will reach grid parity without them.
What has been described as Chiles largest industrial photovoltaic plant 1.4 MW has been completed. There are plans to scale it up to 25 MW over the next few years.
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