First Solar, Inc. has officially opened Australias two largest solar projects. Both the 102 MW Nyngan and 53 MW Broken Hill PV plants are located in New South Wales.
Abu Dhabi-based Masdar has this week published an official announcement about the installation of a new 200 MW PV plant in Jordan. pv magazine expands on the news and looks at the implications for the Jordanian solar market.
Enel has signed a US$1 billion framework agreement with the Bank of China and the China Export & Credit Insurance Corporation (SINOSURE) to promote the development of global projects, particularly under Enel Green Power.
Kyocera has begun construction on what it says is the worlds biggest floating solar PV plant. The 13.7 MW project is located in Japan and should be complete in 2018.
Austin Energy has emerged as the biggest winner under the U.S. Department of Energys (DOEs) latest funding round, which has seen US$18 million awarded to six energy storage+solar projects. It will partner with the likes of Tesla, Samsung and SolarEdge to develop solar LCOEs of $0.14/kWh when combined with storage, for example.
The Djibouti Government has announced work is underway on a 300 MW solar PV plant. Around EUR 360 million will be invested in the project, which is being undertaken by Switzerlands Green Enesys. The goal of the African country is to procure 100% of its energy from renewables.
A new report released by the Middle East Solar Industry Association at WFES forecasts a strong year for Egypt and Jordan in particular for the MENA region.
The energy storage market is shifting from R&D demonstration projects to a commercially viable market, states IHS, Inc. Q4 2015 saw a 45% increase in the global project pipeline, while 900 MW of projects are expected to be installed this year.
The Indian Government will provide around US$743 million for 5 GW of grid connected solar PV projects up until 2020. It envisages a total investment of $4.4 billion and the creation of 30,000 jobs under the program. In related news, a record low tariff of $0.063/kWh has been recorded in Rajasthan.
First Solar, Inc. has signed 500 MW of power purchase agreements with Southern California Edison (SCE) for four of its solar PV projects. The new deals see SCE with 2.2. GW of solar under contract from the thin film company.
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