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solar energy. PV

Global solar capacity may reach 1,448 GW in 2024

SolarPower Europe has predicted the volume of new PV capacity added this year will be 4% less than last year’s figure because of the Covid-19 crisis. At the end of 2019, the world had topped 630 GW of solar. For 2020, around 112 GW of new PV capacity is expected, and in 2021, newly installed capacity could be 149.9 GW if governments support renewables in their coronavirus economic recovery plans.

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Algeria launches tender for 50 MW of hybrid solar

At the end of December, the Algerian government issued a tender for off-grid gas/diesel and solar projects in non-interconnected areas in the south of the country.

Canada’s regulator identifies profitable solar regions

In a new report, the Canadian National Energy Board has identified the regions with both the highest and lowest solar energy potential. Overall, the future of solar in the country appears bright, as power prices are expected to increase considerably over the next two decades.

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Record-breaking SNEC in Shanghai

The annual SNEC photovoltaic power expo 2018, in Shanghai, closed yesterday after the 12th edition of the world’s biggest PV exhibition. Reflecting the rapid development of China’s PV industry, the scale of SNEC increased from 15,000 sqm at the first exhibition to 180,000 sqm last year and 200,000 this year – a 10% year-on-year increase. Preliminary figures show more than 220,000 visits to this year’s edition, with more than 5,000 industry professionals attending the expo and series of high-level conferences.

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103 MW solar plant comes online in Jordan

The 103 MW Quweira solar PV project – currently the country’s largest – is owned by the Jordanian Government and was funded by the Abu Dhabi Fund for Development (ADFD).

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Manz dismisses CFO

A few days after announcing a record turnover and positive EBIT, the German PV equipment provider has now dismissed its CFO, Gunnar Voss von Dahlen, effective immediately. The company said his departure was due to divergent opinions about its strategic direction.

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CEZ to sell Bulgarian solar, energy assets to Inercom

The transaction includes the sale of a solar park located in western Bulgaria.

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Afghan utility DABS to buy solar power from 10 MW facility at $0.073 per kWh

The 10 MW PV plant will be built by Indian developer Dynasty. The facility will sell power to the local grid under a 15-year PPA.

Ontario improves rules for net metering

Under the new rules, which will come into force on July 1, the size limit of 500 kW for power generators installed under the scheme will be removed.

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