But Israeli inverter company Solaredge and Indian engineering, procurement and construction services provider Sterling and Wilson have both offered hope of a recovery in Europe as Chinese glass producer Xinyi said it kept the furnaces going throughout the worst of the pandemic.
The inverter and energy storage company was able to maintain its streak of profitable quarters in what was expected to be a hard period for solar and the Israeli business said it sees “signs of recovery in the U.S.”
Saudi developer ACWA Power has announced One Belt, One Road Chinese infrastructure partner Shanghai Electric will offer engineering, procurement and construction services on the next phase of the Mohammed bin Rashid Al Maktoum solar field in Dubai.
pv magazine’s Amjad Khashman has spoken to Chinese solar developer Jinko Power about negotiating the world record low price tariff agreed for electricity generated at the Al Dhafra solar project in Abu Dhabi.
Emirates Water and Electricity Co. awarded the 2 GW project to a consortium that includes Abu Dhabi National Energy Co., Masdar, French energy group EDF, and China’s JinkoPower.
Qatar General Electricity and Water Corporation has announced financial close on the 800 MW Siraj-1 solar project with Mizuho Bank and the state-owned Japan Bank for International Cooperation. The project, secured in a tender by France’s Total and Japan’s Marubeni, will sell power for $0.01449/kWh.
The government assigned 168 MW of capacity through the tender and selected three developers for 11 projects, with capacities of 100 MW, 48 MW and 20 MW.
An international team has developed an integrated solar flow battery which has been suggested as ideal for off-grid locations. The device, which combines energy conversion and storage in one unit, can be used for lighting and recharging cell phones.
The regulations will force power distributors to give more help to homeowners and businesses willing to go solar. The new framework will apply to PV systems ranging in size from 1 kW-2 MW and to all energy consumers.
Lebanon failed to make a bond payment of $1.2 billion due on March 9 – the first sovereign default in the country’s history. pv magazine looks at how Lebanon’s debt troubles are now starting to affect the development of renewable energy.
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