The lawyer Michael Jaffé has been appointed as insolvency administrator of the German PV project developer. He is already in talks with potential investors.
Solar was the prevailing source with an 85% share in all of the assigned capacity. Final average price for solar was 145.78 BRL ($43.88) /MWh.
The $29.8 million in funds will be used to finance the implementation of projects by Nigeria’s Ministries, Departments and Agencies towards the achievement of its commitment to the Paris Agreement.
Through the merger with the U.S. company, the Photovoltaik-Institute (PI) wants to gain a foothold in the world’s second largest photovoltaic market, the United States.
The solar project Planta Solar Núñez de Balboa, which was originally developed in 2012, is expected to sell power on the Spanish spot market.
Through the scheme, the Ghanaian government hopes to deploy around 200 MW of rooftop PV capacity.
Starting from next year, the incentive scheme for solar in Austria will change. FITs will be prioritized for self-consumption projects. In addition, starting in March 2018, a nationwide storage incentive prorgam will be launched.
Jamaica’s largest PV project will be located at Paradise Park, Westmoreland, and will sell power to the local grid at $0.0854/kWh.
Kenyatta University of Nairobi, has launched a Sh59 million (US$571,700) “Centre of Excellence” focused on the generation of solar energy in Kenya.
The new technology uses a quantum-mechanical process, which can extract current from solar cells in a much quicker, less wasteful way, the research team claims.
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