French authorities cite a large volume of bids and very low prices for the doubling of available capacity. This follows a doubling of capacity for a solicitation for mid-sized PV in July.
This will be the nation’s second auction for renewables in only a few years. When the projects approved are built, solar is expected to play a much larger role in the nation’s energy mix.
Canadian Solar retained a healthy margin and profit in its latest quarterly results, and reported strong operational results, despite shipments below guidance. The company says it is progressing towards establishing a yieldco vehicle, but retains backup plans.
India’s energy conglomerate NTPC has invited bidding for its 100 MW of solar projects in the state of Uttar Pradesh. This is part of NTPC’s commitment to develop 10,000 MW of renewable energy by 2020.
Country’s Ministry of Industry and Information Technology (MIIT) confirms January-June period generated 200 billion yuan of output value in the solar PV sector, outstripping 2014’s performance.
Collaboration follows last month’s 9.3 MW project, and will see the Chinese solar power company supply 200 MW of panels for a solar project in India’s Tamil Nadu state.
The Connecticut-based solar integrator has closed a $165 million financial package with First Niagara Financial Group for the development of 127 solar projects in 12 U.S. states.
Berlin lawyer, Margarete von Oppen has been closely involved with the first two pilot tenders for ground-mounted PV systems in Germany. For von Oppen, it is clear the pay-as-bid system is appropriate in the quest to promote sustainable PV projects. With regards to the now set uniform pricing method, there have been some project developers who have submitted unrealistically low prices, she says.
Yingli Green Energy has received an official notice from NYSE stating that the company was not in compliance with the stock exchange’s price criteria.
The state of Pernambuco has signed its second solar PPA with developers, this time for a 50 MW PV project. The state has given Kroma Energia and Cone a year and a half to build the plant.
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