The $160 million Bosforo project is being backed by the US Overseas Private Investment Corporation.
New measures under preparation by the Spanish government include the setting of a calendar for new auctions, elimination of the solar tax and support for community solar and PV irrigation projects. Spanish developer X-Elio has secured a PPA for two 50 MW solar projects in the southern region of Murcia.
Vague on detail, the first proposal to build a ground-mounted solar plant in the eastern European country has come from China’s CCCII.
The kingdom has given the green light to a 50 MW proposal in Ma’an, the fifth project in the second round of its national commissioning process.
Portugal’s Directorate General for Energy and Geology is reviewing another big bunch of “unsubsidized” solar schemes.
Photovoltaic manufacturers across the world are currently investing mainly in thin-film production plants. The German PV equipment providers benefit greatly from this new trend.
The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.
The Korean-European PV maker has revealed that its new U.S. factory will make modules based on half-cut monocrystalline cells using passivated emitter rear contact (PERC) technology.
Turkey’s Akfen Renewable Energies this week signed a new $363 million loan with six international and Turkish banks, to build 327 MW of new solar and wind power capacity.
The Italian Revenue Agency has clarified that the purchase and installation of a residential storage system linked to a rooftop PV system may also take advantage of the 50% of Irpef deduction, an indirect incentive that has played a major role in driving solar growth in the residential and commercial segments over the past years.
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