The new 24.5kg, PERC monocrystalline product from DMEGC is said to have an efficiency of 19.78%. The panels are available in glass and white-backsheet formats.
Officials in Dhaka frustrated by the lack of progress on several PV projects have decided to punish tardy developers by setting new power prices which reflect the falling costs of solar project development.
The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.
Beijing already owns 24% of Greece’s electricity transmission system operator and has pledged to back a new Greece-EU funded interconnector to Crete which is set to open up more possibilities for solar on the island. The arrival of two of China’s biggest lenders also offers the prospect of new investment in renewables.
The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.
Scientists from several German research institutes, as well as South China University of Technology, have set a new efficiency record for an organic PV module. The group demonstrated a 12 cell, 26cm² module with an efficiency of 12.6%. The results have been confirmed by the Fraunhofer Institute for Solar Energy Systems.
State energy minister Nilesh Cabral says householders will be offered the chance to reduce energy bills without any upfront cost by leasing roofspace to installers as part of plans to add 15 MW of solar capacity in Goa by March.
The Chinese solar manufacturer will pay the lender an undisclosed sum if its creditors vote, as expected, to back a debt reorganization scheme which will, in turn, unlock a state bail-out of the company by Beijing.
A new handbook published by the World Bank and Solar Research Institute of Singapore contains advice on how to plan and build floating PV. The guide is intended to help developers with site identification; feasibility studies; finance; environmental and social issues; procurement and construction; and operations and maintenance.
The company says its network is the largest fleet of batteries under virtual power plant management worldwide.
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