ReneSola to build 550 MW globally in 2017
The Chinese integrated PV manufacturer and developer currently has 335 MW of solar capacity under construction in seven countries, with plans to finish 550 MW by the end of the year.
INDEOtec receives PECVD equipment order from Saudi university
The Swiss equipment company will provide its OCTOPUS II PECVD/PVD platform to King Abdullah University of Science and Technology (KAUST) in Saudi Arabia.
JinkoSolar, Marubeni sign 25-year PPA for 1.177 GW Sweihan project at $0.0242/kWh
The JinkoSolar and Marubeni Corporation consortium developing the 1.177 GW (DC) Sweihan PV power plant project in Abu Dhabi has signed a 25-year PPA with a Abu Dhabi Water and Electric Authority (ADWEA) subsidiary. The power price is one of the lowest ever achieved by a utility scale project globally.
Turkey adds 571 MW of solar PV in 2016
Turkey has installed 571 MW of new solar PV capacity in 2016, making it the best year for the country’s solar sector. 2017 is expected to be equally good, while a few worrying signs are on the horizon from 2018 onwards.
Saudi Arabia begins tender process for 300 MW PV plant
The Saudi Arabian Ministry of Energy, Industry and Mineral Resources today announced its first request for qualifications under the National Renewable Energy Program (NREP), as the Kingdom looks set to make concrete progress in renewables deployment after several years of stops and starts.
MENA’s 2017 solar PV pipeline grows to 4 GW, says MESIA
Middle East Solar Industry Association’s Solar Outlook Report 2017 suggests more than 5.7 GW of solar power – including concentrated solar power – is in the pipeline for the region, with 2017 poised to be strongest year yet.
Turkey delays tender of 1 GW solar plant by one month
Turkey’s tender for the flagship solar PV project with 1 GW of capacity has been postponed for one month. The government wants the plant to be built using locally manufactured content only.
SolarEdge Q2 2017 financials show record 35% gross margin
Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
IRENA Director: UAE’s and Saudi Arabia’s move to solar is genuine
The United Arab Emirates (UAE) and Saudi Arabia announced recently new energy strategies towards renewable energy development, prompting the renewable energy sector to question whether this shift is genuine.
New projects connected in Jordan
Spanish project developers Energoya announced completion of construction on a 23 MW power plant in the town Ma’an, while 3G-ERES connected 3 commercial installations totalling 11.1 MW to boast the first solar powered 5 star hotels in the world.
