The 1.36 GW of solar capacity installed by Shanghai Electric across just three projects in 2021 and the first quarter of 2022 helped it enter an annual ranking of the global solar industry’s biggest engineering, procurement, and construction contractors.
With five public entities having committed RMB1.25 billion into a project to produce copper, indium, gallium, selenide solar modules five years ago, the joint venture has been abandoned at an estimated impairment cost of RMB1.42 billion.
The 1 GW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will feature NX Horizon trackers with the deal announced after the manufacturer published new bifacial yield gain claims.
The Saudi power company has named the lenders which will finance the latest stage of the gargantuan, 5 GW Mohammed bin Rashid Al Maktoum Solar Park, for an estimated $564 million.
Saudi developer ACWA Power has announced One Belt, One Road Chinese infrastructure partner Shanghai Electric will offer engineering, procurement and construction services on the next phase of the Mohammed bin Rashid Al Maktoum solar field in Dubai.
The tariff is around $0.0021 lower than the $0.0156/kWh French oil giant Total and Japanese conglomerate Marubeni Corp offered in Qatar’s 800 MW tender in late January. French energy company EDF and Chinese solar company JinkoPower reportedly submitted the record bid in the UAE exercise.
The meeting planned yesterday to open the final bids by consortia vying to develop the 1.5 GW Al-Dhafra solar field in Abu Dhabi was reportedly postponed because coronavirus-related restrictions on public gatherings in the emirate. The chairman of the Abu Dhabi Department of Energy told pv magazine this year the project would bring a new low price for solar power.
Researchers led by Belgian institute imec claim to have achieved the result with a 1cm² perovskite tandem solar cell. The result tops the 24.6% efficiency the consortium announced in September 2018. The cell’s developers are now aiming for 30%.
The Chinese electrical equipment giant will build the first project of Simec Energy Australia’s landmark $1 billion, 1 GW dispatchable renewable energy program in the state of South Australia.
The two power companies, who worked together on the 700 MW concentrating solar power phase of the Mohammed bin Rashid Al Maktoum Solar Park, have reportedly agreed to develop power generation and desalination projects along the route of China’s new Silk Road.
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