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Markets & Trends

Q3 was the largest quarter ever for the U.S. solar market

The nation installed over 4 GW-DC of solar PV during Q3 2016, and even more is expected in the fourth quarter of the year. However as utility-scale solar booms the residential segment is struggling.

sPower signs 105 MW PPA under community choice aggregation program

sPower has secured a 20-year power purchase agreement (PPA) for 105 MW-AC of solar power with community choice aggregator MCE in California, making it sPower’s largest contract of this type to date, and the largest community choice aggregation (CCA) agreement known to pv magazine.

NextEra & First Solar commission 250 MW-AC project in Nevada

Does this mean that the age of mega-solar projects is over at last?

UK: Lightsource eyes GBP 600m buyback of installed solar systems

The British solar developer is looking to dip into a pot of GBP 600 million to purchase installed arrays, offering customers an upfront lump sum to transfer the FIT; customers will still receive free energy generated by the system.

South Australia-made silicon energy storage system “ready to close grid gap”

A South Australian company behind a silicon based thermal energy storage system has created and successfully tested a full prototype of its technology, which it says is ready for commercialisation after a decade is the making.

German PV tender: Prices fall below EUR 0.07 per kWh

27 bids with a total capacity of 163 MW won contracts in the tender, with the lowest bid as low as EUR 0.0626 per kWh. The tender was, however, largely oversubscribed.

The pv magazine weekly news digest

Another week of ups and downs in the solar world saw sizable job losses at SunPower, a welcome hiring push for Tesla, Enphase offload its O&M arm and India announce details of a 1 GW rooftop solar tender.

Canadian Solar manufacturing facility inaugurated in Sao Paulo

With an approximate production capacity of 400 MW, it is the largest PV module fab in Brazil.

EBRD continues support for renewables in Turkey with EUR 400 million funding

The European Bank for Reconstruction and Development (EBRD) is boosting Turkey’s small-scale renewable energy and energy efficiency projects with a further EUR 400 million in funding. A significant portion of the new funds are expected to go towards new solar PV installations.

India’s SECI to issue 1 GW rooftop solar tender

The Solar Energy Corporation of India will tomorrow issue a tender call for the installation of 1 GW of rooftop PV atop government buildings nationwide; buildings already identified, reserve price being assessed.

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