The stunning fall in solar module prices being witnessed in most global markets might be good news for project developers and end-market consumers, but it is going to pose major challenges to many of the big module manufacturers.
The UAE-based clean energy developer has agreed a PPA deal for its 200 MW PV plant in Jordan with the Kingdom’s National Electric Power Company.
Target has reached 147.5 MW of solar capacity, installing 69 MW in the first nine months of 2016 alone.
The German PV manufacturer announced that although it is set to achieve its shipment forecast for 2016, it is unlikely to meet its revenue and EBIT forecasts for the year, and has already begun to point the finger at Chinese companies.
Greece will run its first renewable energy tender on 12 December. It is a pilot tender for a total capacity of at least 40 MW, which is reserved solely for solar PV projects.
Known for late payments and curtailment, the latest request for selection by the Tamil Nadu Generation and Distribution Corporation represents something of a risk for developers, says Mercom Capital.
The far north Indian state will have a new net metering policy for solar rooftop projects from 1 kW to 500 kW, as the local energy agency continues to build frameworks to help the state achieve its target of 450 MW of rooftop PV by 2022.
German inverter manufacturer, SMA Solar Technology, has been forced to reduce its financial outlook for 2016, making it the second German solar industry manufacturer to announce forecast reductions today, after SolarWorld made a similar announcement.
The Shanghai-based PV solutions provider has secured an eight-year financing deal with the Bank of Jiangsu for an array in Nantong, Jiangsu province.
The two companies expect to finish the first phase of the project Taiwans first floating solar array in June 2017.
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