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Global PV markets

IHS announces 100 GW of solar installed in Europe

Europe has reached 100 GW of grid-connected PV. SolarPower Europe calls for a market design reform to pave the way for the 200 GW benchmark.

Origin Energy signs 13-year PPA for 100 MW Queensland solar farm

Australian utility inks a 13-year power purchase agreement with the developers of the Clare Solar Farm, which is a 100 MW PV plant currently under construction in Queensland.

Phoenix Solar doubles Q1 revenue Y-o-Y

The German PV project developer posts first quarter revenue of EUR 9.9 million, double that achieved in Q1 2015, following the conclusion of several large-scale projects. Accelerated Q2 growth forecast.

9 GW of solar projects registered for July auction in Brazil

The auction will take place on July 29 and is the first of two national solicitations for solar PV to be held this year in Brazil. 295 PV projects have obtained technical accreditation to participate.

Vivint Solar switches leadership as CEO steps down

Greg Butterfield steps down as chief executive officer at Vivint Solar, with David Bywater appointed interim CEO as the company looks for a permanent replacement.

Canadian energy company eyes 150 MW PV plant in Vietnam

CMX Renewable Energy Inc. has applied for a license to build a 150 MW PV plant, costing an estimated USD150 million, in Vietnam’s Ninh Thuan province, just as the solar market is being stirred within the country.

Duke Energy adds 30 MW to its solar portfolio

Duke Energy has acquired six PV projects with the total capacity of 30 MW in Eastern North Carolina.

India: SECI calls on World Bank for $200m financing for own solar projects

The Solar Energy Corporation of India plans to increase its downstream portfolio with series of large-scale solar projects across the country; has approached World Bank to provide 50% funding.

US: DOE grants $25m to aid grid integration of solar energy

Department of Energy pledges $25 million in funding as part of the extended Enabling Extreme Real-Time Grid Integration of Solar Energy program, part of the Grid Modernization Initative.

GE to deliver 220 MW of inverters to DEWA's Dubai solar project

The DEWA project is currently attracting bids for the world’s cheapest solar energy, and 220 MW of PV installed in the next phase will be controlled by GE’s LV5 Series central inverters.

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