Germany added 2.9 GW of solar in nine months
In September, PV systems with a total generation capacity of 287 MW were registered in the country. The feed-in tariff has fallen again for this quarter as a result of the new capacity additions.
Solar electricity can retail for $0.027-0.036/KWh as renewables close in on global grid parity
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
Solar sales recover for electronics brands LG, Kyocera and Panasonic
Korean conglomerate LG reports increasing demand for its high-efficiency PV products in key markets while Kyocera said its solar business is improving profitability. Panasonic posted a slight increase in sales for its PV segment, including solar manufacturing.
Saudi power company ACWA secures 200 MW bifacial solar project in Egypt
Saudi energy giant ACWA Power won the tender for the project in August thanks to a lowest final electricity price offer of $0.02752/kWh. Construction of the facility, which will use bifacial panels, is expected to be complete by April 2021.
French Development Agency helps Mozambique build 80 MW of solar capacity
Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.
Bidders line up for Ecuador renewables auction
The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.
Enphase is riding high
Enphase’s Q3 results show a company that has turned its fortunes around, with revenues more than doubling and high profitability, but questions remain around growth potential.
WoodMac: Bifacial module capacity will exceed 21 GW by 2024
Increasingly affordable and free from the Trump administration’s solar tariffs, bifacial modules are only set to get more popular in the years ahead. In its first report on bifacial PV, WoodMac predicted the technology will make up 17% of global installations five years hence, quadrupling the share it will have this year.
Solar microgrid to power Australian industrial park
A consortium led by gas network owner Enwave Australia is developing Australia’s first industrial renewable energy microgrid at a new 120-hectare business park in Nambeelup, Western Australia.
Comtec ready to swim against the tide by outsourcing manufacturing
While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.
