China

Beijing Enterprises Clean Energy (BECE) is now set to begin building the massive PV array in Jinzhai county in central China’s Anhui province.

At this week’s World Future Energy Summit (WFES) in Abu Dhabi Huawei launched its 1500V Smart PV Solution for the Middle East Africa (MEA) market. At yesterday’s launch event pv magazine interviewed Paul Pan, Huawei’s General Manager for the Smart PV Plant Business, Middle East & Africa, at the Huawei booth at WFES. Pan is responsible for over 70 countries in MEA, where Huawei is already present with offices serving its ICT customer base.

The PV Market Alliance has released its official solar installation figures for 2016, which, with a total of 75 GW installed, show a 50% growth from 2015, mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.

In their 10 predictions for 2017, Bloomberg New Energy Finance’s chair and chief editor argue that we are entering a phase where low-cost renewable energy will come to define the power system, despite ideological and financial headwinds.

Asia Clean Capital (ACC) has a signed a power purchase agreement with Wahaha Group for a 3.5 MW commercial PV project. The capacity will be developed at 2 sites in Quzhou, Zhejiang province.

BYD has announced plans for major expansion in the Middle East region, including the construction of a 200 MW PV power plant. The project is expected to feature a storage application and aims to raise the company’s profile in the region.

The estimated 34 GW is far more than analysts had predicted, and nearly doubled the nation’s installed solar capacity.

Siam Commercial Bank plc (SCB) and China Minsheng Bank will jointly provide the manufacturer with a US$210 million loan to finance its new production facility in Thailand.

The Chinese solar developer has yet to file financials for the second quarter of 2016, which has caused it to run afoul of NASDAQ requirements.

The aggregate volume of electricity generated by the Hong Kong-listed group’s solar plants reached 342.8 GWh in the final three months of 2016, up from 254.9 GWh a year earlier.