solar energy

The wind power specialist has started prequalifying EPCs for the ground-mounted solar plant, which will be built near Timahoe North, County Kildare.

The projects will be tendered under single-round competitive bidding processes, supervised by the European Bank for Reconstruction and Development.

Railway operators can now feasibly connect solar plants to traction substations, claims a consortium that is now working on a similar demonstration project in the U.K. Almost all of the 30 kW installation’s output will be used to move trains, but in the future storage could come into the picture for larger “railway-connected” solar power projects, says 10:10, the U.K.-based climate change charity that developed the pilot.

According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply mitigating climate change. Electricity is easier to transport than oil, and wind and solar electricity prices are much more stable than volatile oil prices. An analyst from the French bank argues that major producers will need to reduce oil prices below $20 to compete with clean energy in the transport sector.

First Solar has reported the largest quarterly production run and shipment volume in its history, and more than 2 GW of bookings in July alone. And with more factories underway, the thin film PV maker is just getting started.

The €29.7 million financing package was awarded by Banco Sabadell. Renovalia’s 79.2 MW solar park will be Spain’s first PV facility to sell all of its output on the spot market.

French floating PV specialist Ciel&Terre is teaming up with SCG, an Asian petrochemical company, to develop floating solar plants at hydroelectric dams in Thailand.

The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.

The global power and renewable energy market is expected to remain largely unaffected by the Trump administration’s new wave of tariffs on Chinese goods. Although shipments of Chinese modules into the U.S. market are falling, Chinese manufacturers sent more panels to overseas markets in the first half of this year than they did in the same period of 2018. Analysts from Fitch, meanwhile, claim the U.S. solar market will continue to expand, despite higher project costs.

With 46.9 MW of newly installed capacity, Italy registered its best month in two years despite having no large plants come online. Renewable energy association ANIE Rinnovabili says this year the country may record stronger growth due to renewed business investment incentives and new provisions regulating solar.