The Chinese manufacturer has embarked upon an upgrade of 1.5 GW of its module production lines which is set to be completed this year. Previously used to get around trade restrictions applied by the EU, the Thai facility will now produce output for the U.S. market.
Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.
The project is part of the utility’s plan to deploy large-scale floating PV installations at several hydroelectric dams it operates in Thailand.
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
The program will be open to solar power systems with a generation capacity larger than 10 kW. Initially, some 100 MW of solar power will be allocated through the mechanism. Net metering tariffs, however, will be little more than half the current electricity price.
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
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