Azores to host its first MW-sized PV plant
The solar project Central Fotovoltaica do Corvo will be built by EDA, the Portuguese archipelago’s power utility, and will be used to reduce the island of Corvo’s reliance on fossil fuels.
What happens when… several module strings fail?
Series troubleshooting: If several module strings fail completely, the result is usually high yield losses. But to identify the strings and correct the failure can sometimes be a challenge. In this series with realistic cases, pv magazine aims to make the estimation of troubleshooting efforts more concrete and to stimulate a discussion on today’s troubleshooting efficiency.
UK energy storage: all eyes set to co-location with solar plants
An energy storage event organised by the UK’s Solar Trade Association this week in London showcased the potential for energy storage development in the country. However, what the solar industry is currently targeting most eagerly is co-locating photovoltaics with batteries.
REC Group sees strongest third quarter ever
Norway headquartered REC Group has become the latest solar manufacturer to post increased module shipments for the third quarter of 2017, as global demand continues to be buoyed by massive installations in China and a rush for U.S. projects to procure modules.
Four key takeaways on Italian PV from Key Solar event
While expecting the announcement of a new energy strategy that could envisage more than 30 GW of additional solar between 2020-2030, the Italian solar sector discussed how to deal with current market conditions and facing the future with optimism at Key Solar, a brand new solar event.
Singulus: 2017 breakeven still possible
The German PV equipment manufacturer has posted financial results for the first nine months of 2017, projecting a protracted investment cycle for CIGS thin-film production. The company expects another prepayment from its major Chinese customer CNBM by the year’s end.
Developers propose 350 MW PV+storage project in UK
A joint venture between leading solar developers Wirsol and Hive Energy has launched a proposal for a solar park ‘in excess of 350 MW’ to be located on Britain’s North Kent Coast. While the proposal is in its initial stages, the developers state that the project will be built without any subsidies.
Octopus Investments expands refinancing with GBP 80 million
Already managing one of the largest solar investment funds in Europe, Octopus Investments has added an additional GBP 80 million, and acquired a further 100 MW solar project.
SMA warns of lower annual sales in light of component shortage
Third quarter financial update sees strong growth in Asia but weak U.S. large-scale project demand drags on overall sales. Order backlog increases 25% to €350m.
Greece installs its first large-scale solar under new, auction-based scheme
Greece has installed 8.6 MW of new large-scale solar PV capacity under its new policy framework. These are the first large-scale solar PV installations in the country since 2015.
