The latest report by GTM Research finds that the top 10 developers account for only 42% of this market segment.
SunPower and Totals Pelican solar project will supply 42% of the subway systems electricity needs, and a wind plant will supply another 18%.
Renewable energy developments in Germany and Argentina topped the news this week but also making waves was a report that global off-grid solar sales grew 40% in 2015 while India unveiled what is said to be the largest rooftop solar installation in the world.
CanSIA notes that revenues from the program could be used to add incentives for net-metered solar PV, and that it will impact the electricity market in other ways.
Module shipments from the Korean solar PV manufacturer reached 912 MW in the first quarter, exceeding the guidance range, while gross profit topped $109m and gross margin reached 21.2%.
Of the 1 GW to be auctioned in June, 30% is planned to be from solar PV. A reference price has not been set, therefore the current price of US$100/MWh is expected. The auction will not be limited to new projects and the World Bank will guarantee payments.
A study by Brattle Group forecasts massive expansion of solar PV capacity in Texas driven by market forces, similar to ERCOT’s predictions.
Result by engineers at that University of New South Wales edges the solar industry closer to the theoretical limits of PV efficiency, smashing previous record of 24% set by Alta Devices of the U.S.
The auction, which is also open to solar PV, will be held on September 30. It will incorporate an office to address concerns, greater demarcation of regions, more time for evaluation of offering and modifications to the system of payment.
The Energy Department has released eight reports dealing with issues as varied as reaching higher penetrations of solar on the grid, technology improvements and strategies to bring down costs.
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