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Global PV markets

Egypt and Jordan: solar tenders shuffle onwards

There is increasing solar PV activity in both countries, with the latest news concerning two flagship PV projects in Egypt and Jordan, each totaling 200 MW.

GCL raises $500m for multiple solar investments

Funding from a handful of private investors will be used for production ramp up of GCL’s PERC and HIT cell technology.

Inverter shipments to reach 90 GW globally by 2020, says GTM

New report suggests that PV inverters and module level power electronics will grow by an average annual rate of 11% between now and 2020, with central inverters set to relinquish market dominance.

A booming solar equipment market is benefiting German manufacturers

A report from the German Engineering Federation shows that incoming orders for PV manufacturing equipment have more than doubled in Germany since the same period last year, which has mainly been driven by an increase in demand from Asia.

New 50 MW module production facility operational in Kosovo

The facility was developed by German company J. v. G. Thoma and its subsidiary J. v. G. Jaha Energy in Pristina, Kosovo, and will look to supply the growing solar market in the region.

TerniEnergia awarded EPC contract for 34 MW solar plant in Zambia

The Italian smart energy company will be taking care of the EPC activities for the project that was awarded under the World Bank’s “Scaling Solar” program, which saw record low prices for the sale of electricity generated by solar.

First ever commercial solar project realized in Laos

The system was completed by Laos-based Sunlabob Renewable Energy, who has worked on various small-scale systems within the country, and who is in the process of expanding its off-grid electrification program.

IRENA forecasts 59% solar PV price reduction by 2025

New report from the International Renewable Energy Agency suggests that the average cost for electricity generated by solar PV could decrease by as much as 59% by 2025 compared to 2015 prices.

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SunPower, Sunverge collaborate on 4 MWh solar+storage project in New York

Virtual power plant plan will see 300 New York homes fitted with solar panels and battery to create system designed to feed stored energy to grid managed by utility, Con Edison.

Saudi Arabia's first global tender seeks 100 MW of solar PV

The Kingdom is calling on international investors to back two 50 MW PV projects in an inaugural tender by the Saudi Electricity Co. Expressions of interest should be submitted by June 20.

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