The PV source secured 340 of the 600 MW allocated in the procurement exercise. The price for solar energy was 7% lower than in the previous tender.
The 13 MW array was deployed in the Selangor state on the west coast of Peninsular Malaysia. The plant is selling power to local utility TNB under a 21-year PPA. The project’s levelized cost of energy is MYR 0.21608 ($0.051).
Softbank has energized a 102.3 MW solar park backed by 27 MWh of lithium ion storage capacity. The project was built on 132 hectares of land near the town of Yakumo, in the northern island of Hokkaido.
The latest project is another African opportunity for the India-based EPC player after successfully commissioning Nigeria’s first solar-plus-storage hybrid power plant, which is also Africa’s largest battery energy storage system.
LevelTen Energy’s Q3 2020 PPA Price Index report shows that average utility-scale solar PPA prices rose again in Q3, up to $29.3/MWh. And while the ITC step-down and simple economics are to blame, LevelTen shares that the increases are no cause for alarm.
The country’s cumulative installed PV power hit 2.68 GW at the end of September. Newly installed capacity for the first 10 months of the year has surpassed 1.3 GW.
German group WiNRG completed three of the six projects totaling 205 MW that it is currently building in Portugal.
Born from an Oxford research group, the startup is looking to make its name by developing all-perovskite tandems – something no other company has done.
After the slump caused by the Covid-19 crisis, the demand for subsidy-free photovoltaic projects has again picked up in Germany. By the end of 2022, German consultancy company Enervies sees a maximum potential of up to 3.6 GW for photovoltaic systems that could be implemented outside of the EEG subsidy scheme.
Although the Wiki-Solar website ranking only provides a snapshot of PV project engineering, procurement and construction contracts outside of China, it is nevertheless a useful indicator of the changing global solar market landscape. Of the top 11 companies, three are based in India, three in the United States, another three in Spain and two in the United States.
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