Cuba introduces new rules, fiscal incentives for solar prosumers
With Decree No. 345, the Cuban government aims to encourage consumers to install rooftop PV projects. The new rules will help to facilitate the sale of surplus power within the national electricity system, among other matters.
New methodology for assessing value of PV in uncertain markets
A new process is described as a tool to assess the value of deferring, relocating or abandoning PV projects under development in uncertain market conditions. Researchers say the model may help investors reconsider projects which could be prematurely rejected based on traditional analytical approaches.
JinkoSolar supplies 950 MW to X-Elio for PV projects in Spain, Mexico
The Chinese solar manufacturer has delivered its ultra-high efficiency Cheetah 72 modules for 575 MW of capacity that X-Elio is developing in multiple locations across Spain, in addition to roughly 375 MW for two projects in the Mexican cities of Veracruz and Navojoa.
Clean energy must be rolled out six times faster
To have any hope of restricting global heating to a maximum of 1.5 degrees Celsius, the renewables success story which saw 108 GW of solar deployed last year needs to be cranked up to the next level – and fast.
Financing African projects remains a struggle
Innoenergy’s recent conference in Berlin repeated the argument financing renewable energy projects in Africa remains a struggle, however it also showcased some hopeful case studies.
Solar Power Mexico: rising to the challenge
Organizers of the Solar Power Mexico 2020 exhibition face a difficult task of replicating the success of the first edition of the event, which took place this year and had participation of 78 exhibitors and more than 5,000 visitors. Next year’s event will be held from March 24 to 26 at Centro Citibanamex in Mexico City.
Brazil’s Copel contracts another 121.6 MW
The energy provider concluded its second renewables auction on November 13, and has contracted 121.6 MW of wind and solar. Selected projects will be granted a 15-year PPA and will have to begin commercial operations in 2023.
Chinese module makers land another two big overseas orders
GCL and Canadian Solar provide further proof of the solar boom that is gathering pace around the world even as attention focuses on the Chinese market.
Chile to hold new energy auction in June
According to the bidding terms published by the National Energy Commission, project proposals may be submitted by June 11 and the results will be announced on June 19. Successful bidders will secure a 15-year power supply deal and some 5.6 TWh of electricity is expected to be generated annually as a result of the new capacity.
Canadian Solar sees turnover and profits retreat
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.
