Another big energy group transitioning to clean sources has chosen to change its name to reflect the new strategy. The Spanish gas and power provider started investing in solar last spring.
LG Electronics has announced plans for a 500 MW/year solar module manufacturing facility in Huntsville, Alabama. The facility will assemble the manufacturer’s 19.8% efficient NeON2 60-cell 340-W panels for residential applications.
Although it is still unknown when exactly the new auctions will be held, the Spanish Ministry of Ecological Transition is now defining new bidding rules, in order to adapt them to international standards.
Solar rebates granted through the scheme are expected to cover around 30% of the costs of a residential PV project.
The new rules may help the Eastern European country resume its solar development after two years of very limited growth. Only PV and renewable energy systems not exceeding 100 kW in size will be allowed to enter the scheme.
Both solar companies are closely linked with the Chinese state-owned company, CNBM and they now want to work together to develop the next generation of CIGS manufacturing facilities.
The Japanese provider will supply NAS Battery Systems with a combined capacity of 1.2 MW, and a storage capacity of 7.2 MWh. The batteries will serve Phase I of the 1 GW Mohammed bin Rashid Al Maktoum Solar Park.
Many expansion plans are still firmly afoot in the Chinese solar PV manufacturing industry, if the information pv magazine gathered from some of the country’s leading manufacturers at last week’s Smarter E event, is anything to go by. Indeed, Tongwei , Longi, Sunport and BYD are all progressing at full speed with their capacity ramp ups.
Through the consultation, the U.S. aims to settle the dispute over the 30% import tariffs, introduced under Section 201.
Engie has released a statement on the rumors that it was looking to invest in EDP Renováveis. Currently the Portuguese renewable energy company, and its parent, power utility EDP, are attracting international interest, also from Chinese state-owned power company China Three Gorges Corporation (CTG).
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