A report from Moody’s Investor Services on the importance of evaluating a series of factors other than declining costs of renewables and economies of scale, when approaching a competitive auction.
The auction’s final average price dropped under €50/MWh for the first time. Since January, PV projects exceeding 10 MW, and which are located in areas designated “bauliche anlagen,” have been allowed to participate in the auction. As a result, the largest winning project was a 69 MW solar facility.
A unit of Chinese energy group GCL-Poly Energy has agreed to supply wafers to PV module manufacturer GCL System Integration and one of its subsidiaries in a deal worth up to CNY 3.59 billion ($542.3 million).
The new anti-dumping duties are effective from November 22 and range from 4.4% to 113.8%.
The interconnection of the SIC and SING power systems will now enable the sale of energy from solar power plants installed in the north of the country to other regions.
Around 37 MW of community solar power projects have been built in Holland so far this year.
SMA is set to supply its central inverters and power plant controllers to more than 20 PV power plant projects in Australia. Today the inverter giant revealed that it has signed contracts to supply its Medium Voltage Power Station (MVPS) and the SMA Power Plant Controller to around 1.2 GW in projects.
Japan’s Ministry of Economy, Trade and Industry (METI) has awarded 140 MW of solar capacity to eight companies across nine locations, with the lowest bid coming in at JPY 17.2 ($0.15)/kWh, according to a local media report.
With only a few MW of installed capacity and no supportive policies on the books, a global solar developer could be forgiven for overlooking Bangladesh as a growth opportunity. However, research indicates there is strong market potential, particularly for the C&I solar sector.
According to a newly released forecast by Bloomberg New Energy Finance, China is likely to install up to 54 GW of solar PV before the year is out, surpassing previous expectations.
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