Solar Power

The power company has won the race to acquire a 572 MW, 13-project solar plant portfolio owned by Madrid-based, Canadian-U.S.-controlled developer X-Elio.

The $1.4 billion cost includes a 1 GW solar field 260km away in Konya. The factory was developed solely by Kalyon Solar Technologies after development partner Hanwha Q-Cells walked away from the project.

Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.

The latest products in the Vertex series from the Chinese manufacturer, unveiled at the SNEC PV Power Expo in Shanghai, are available in six versions with reported efficiency ranging from 20.4-21.2%.

Some 1 GW of utility scale project capacity was added to the end of June.

A new analysis by the Clean Energy Council reveals a dramatic fall in the number of large-scale renewable energy projects committed in the second quarter of 2020, with just three projects representing 410 MW of new capacity reaching financial close – the lowest level since 2017.

Harsh Goenka, from solar forecasting company Solargis analyzes the results of the nation’s first clean energy tender for pv magazine after the procurement exercise secured an average solar electricity price of €72.92/MWh.

The call is part of a government action plan for achieving net zero emissions by 2050.

The French manufacturer has expanded its range with products designed for PV systems with 1500 V DC/800 V AC inverters. The new offer features NH fuses and horizontal and vertical fuse switch-disconnectors.

The project, on the Tengeh reservoir, will sell power to the city state’s Public Utilities Board under a 25-year power purchase agreement.