Five bids worth a total of 800 MW of solar PV capacity have been submitted in the third phase tender for projects at the Dubai Electricity & Water Authority solar park; lowest bid of 2.99 cents per kilowatt-hour received.
The companys latest report also finds that auctions are increasingly popular as a form of procuring utility-scale solar.
Chinese solar producer expects to post losses of more than $900m for 2015 as company reiterates doubts about its ability to continue as a going concern.
Wacker will continue to export duty-free polysilicon to China under a special arrangement with the nations government.
Progress on three solar schemes and projects in India, which have a potential combined capacity of 1050 MW, including 500 MW of rooftop PV being tendered by SECI, a piece of land being assigned for a 200 MW project in Rajasthan, and SkyPower agreeing EPC and O&M contracts with Sterling and Wilson for 350 MW of PV projects.
Despite a veto by the states governor and opposition by solar leasing companies, advocates say that they may have enough votes to pass the policy.
This will be the slowest growth in the last five years, despite a boom in the U.S. market.
The American solar manufacturer and project builder delivered healthy revenues and margins, building on recent technology improvements and good conditions in its chief markets.
Reports have surfaced that Italian companies Genesis and Dynkun have signed a memorandum of understanding with officials from Irans northwestern Qazvin province, for 100 PV plants of 10 MW each.
The deal includes the sale of two solar PV projects under development and contracts for the supply of 350 GWh annually. Colbún and SunEdison have also signed an agreement for the supply of 200 GWh annually from one PV project.
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