Indian solar EPC Sterling and Wilson says it wants to construct 200 MW of PV in Kazakhstan in the next two years, and is eager to get a slice of the Uzbek market too.
The inverter maker will buy 75% of Kokam’s shares for $88 million, with an intent to acquire the remainder shortly after, on the open market. Strategic company acquisitions and close partnerships are characterizing this year’s inverter market, as companies seek to diversify and integrate storage systems and other technologies.
The government wants to help the provinces of eastern Indonesia – in particular Papua, which has the lowest electrification rate in the country. Policymakers are in talks with the Asian Development Bank and seeking advice for implementation.
Bankset Energy Corporation has ambitious plans to install gigawatts of solar PV on railway sleepers across the globe. While the first installation took place in Switzerland, work is under way on projects in Germany, the United Kingdom, France, the United States, China and Italy; and gearing up in Austria and Spain. pv magazine speaks to Bankset Group president, Patrick Buri.
A 47.5 MW floating solar power plant is being planned by Vietnamese hydropower producer Da Mi, a unit of Vietnamese power utility Electricity of Vietnam (EVN), at one of its water reservoirs in the south of the country. The Asian Development Bank is now considering financing the project. Meanwhile, Sharp has announced the completion of a 48 MW ground-mounted PV facility in the Eastern Asian country.
The agency’s base case expects relatively flat growth in solar deployment over the next six years, but for solar to still dominate growth among renewable technologies. The agency’s estimates are again below those of major market analysts.
The additonal capacity is expected to come from the backlog of projects under Japan’s FIT mechanism and would raise cumulative installations to over 65 GW. In the period 2021-2027, however, the industry is expected to grow at a considerably lower pace, due to grid constraints, land availability and lower prices coming from auctions.
In a memorandum of understanding, NLC India Limited (NLCIL) and Coal India Limited (CIL) have said they will install solar PV projects worth 3 GW in India, and 2 GW of thermal power projects.
According to the Gold Member Solar Report by EnergyTrend (Q3 2018), monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China and the global solar market, with more merger deals, plans for capacity reductions and even factory closures.
TOPCon technologies could further increase solar cell efficiencies, said Guangyao Jin, chief scientist, DuPont Photovoltaic Solutions, at this year’s Energy Taiwan, held in September. He added that metallization paste is crucial.
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