Equis Energy commissions 47.5 MW of solar projects in Japan
The three solar plants are located in Aomori Prefecture, Japan, where the Singapore-based renewable energy developer’s solar portfolio now comprises 10 operational PV plants, and another under construction.
Rooftop PV key driver of 2017 installation forecast hike in China
With at least 22 GW of combined solar PV capacity, rooftop solar PV uptake and solar projects built before they have secured quota stand out as the key drivers behind increased 2017 installation forecasts in China.
Italy: Clarity on fiscal breaks for sustainable PV investments
The Italian government-run energy agency, GSE has made it clear that the so-called “Tremonti ambientale” fiscal incentive can only be combined with the incentives of the first two Conto Energia programs.
Mexico: Third auction sees 1.3 GW of contracted solar capacity
Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.
Potential for PV to snap significant share of $40 billion distributed energy industry in frontier markets – BNEF
There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
Increased competition in RE auctions raises risk of mispricing, Moody says
A report from Moody’s Investor Services on the importance of evaluating a series of factors other than declining costs of renewables and economies of scale, when approaching a competitive auction.
UK: no budge on solar tax breaks in Budget
Today’s Budget see solar remain locked out on the types of tax breaks available to fossil fuels, while general lack of energy policy continues to fail long-term low carbon investors, argues Solar Trade Association.
Germany awards contract to 69 MW solar plant in October auction
The auction’s final average price dropped under €50/MWh for the first time. Since January, PV projects exceeding 10 MW, and which are located in areas designated “bauliche anlagen,” have been allowed to participate in the auction. As a result, the largest winning project was a 69 MW solar facility.
GCL-Poly unveils $542 million wafer supply deal
A unit of Chinese energy group GCL-Poly Energy has agreed to supply wafers to PV module manufacturer GCL System Integration and one of its subsidiaries in a deal worth up to CNY 3.59 billion ($542.3 million).
