sPower refinances $499 million of wind and solar
The independent power producer has closed on a US$499 million, investment grade, private placement financing representing approximately 650 MW of utility-scale wind and solar power projects.
$1.2 billion clean energy fund closes, targets utility scale in the US
Capital Dynamics announced the final close on its most recent clean energy fund, totaling US$1.2 billion in commitments. The company is now managing 2.3 GW of solar installations.
Large-scale solar sees 20% drop in new projects in H1 2018
According to Wiki-Solar, around 16 GW of new solar PV parks were brought online worldwide in the first half of this year. In the same period of 2017, newly installed utility-scale PV capacity totaled around 20 GW.
Module price declines in Australia could result in $60/MWh utility-scale solar
Falling module prices could very well dramatically enhance the competitiveness of large-scale solar in Australia – pushing the price at which PV can be produced below the wholesale curve. Rystad Energy believes that with a 20-30% module price decline, as has been forecast, $60MWh utility scale solar could become the new reality.
“Privately funded” 200 MW Solar River PV project gets development approval
A hugely-ambitious plan to develop a 200 MW PV array and 120 MWh battery system in South Australia has received development approval. The project developer, which is hosted by the University of South Australia’s ThincLab accelerator, reports that the $450 million project is privately financed with a 60/40 merchant/PPA structure – a significant milestone for the market segment.
India saw more utility-scale PV tenders in Q1 2018 than in entire 2017 – Bridge To India
India saw the issuance of 13 new utility-scale solar PV tenders totaling 11,945 MW in the quarter ending March 31, 2018, which is 68% more than in the entire of 2017. However, tender capacity for rooftop solar PV (greater than 1 MW in size) was down 50%, at 102 MW.
8.5 MW PV project connected to the grid in Iran
Pars Reys Energy Bahar, a subsidiary of French energy company Hanau Energies Group has announced the completion of an 8.5 MW PV project in in Damavand County, 130 km from Iranian capital Tehran.
Australia’s Clean Energy Council reports 2 GW of utility scale commencing construction in 2018
Large-scale solar’s rapidly falling costs has seen work on a record-setting number of projects get underway in Australia in 2018 – worth some 2 GW of capacity. The Clean Energy Council’s Kane Thornton made the observation at its Large-scale Industry Forum in Brisbane yesterday.
Australia: 87 MW project “one of the first” to deploy First Solar Series 6
The 87 MW Beryl Solar Farm in New South Wales is set to become one of the first in the world to deploy First Solar’s Series 6 modules. The U.S. module manufacturer is the project developer, with Downer selected to commence construction in July.
Q&A: US SolarMax talks China strategies, the residential market and O&M
SolarMax Technology CEO, David Hsu talks to pv magazine about the experiences of an American company operating in the Chinese solar market, including knowledge transfer from the U.S., in particular in the field of O&M, residential opportunities and storage.
