News

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.

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.

Five PV power plants, each with a generation capacity of 15 MW, were grid-connected in the Russian Republic of Buryatia and the Zabaikalsky Territory. The projects were built under a program which offers generators capacity payments and the ability to trade on the wholesale energy market.

The mono giant has announced the latest aspect of a strategy to massively increase production capacity which is currently set to cost around $3.32 billion. Longi last week issued $710 million of new convertible bonds for investors.

SB Energy Global Holdings, a subsidiary of SoftBank Group, has signed off on a deal with Intersect Power that will see SB Energy acquire a portfolio of five US PV projects with a combined capacity of more than 1.7GW from Intersect.

Dominion Energy is adding a 150MW PV project in Prince George County, Virginia, that will stand as the largest solar installation in Dominion Energy's portfolio within the state.

JNV Solar Power has added its name to the service providers working to seize the window opened by Taiwan’s solar ambitions, PV Tech heard at last month’s Energy Taiwan 2019.

This has been a breakthrough year for non-battery storage, with key advances in pumped hydro, power-to-gas, and thermal storage technologies. Many industry players are moving beyond pilot projects to contracted projects, which could lead to increased scale and lower costs.

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.

Economic thinktank Carbon Tracker used financial modeling to determine the profitability of every coal power plant in the EU. On average, 79% of the facilities run at a loss, with Germany, Spain and Czechia among the states particularly exposed to the consequences – for coal investors and the public.

The World Climate Summit in Santiago de Chile, set to be held in just a few weeks, has just been cancelled. Against a background of social protests in the country, concerns have recently grown as to whether logistics and security could be guaranteed for the event. Nevertheless, social problems and environmental protection must not be played off against each other: Both are closely linked to the economic paradigms of recent decades.

With solar energy about to reach the iconic terawatt (TW) milestone of globally installed PV capacity, waste handling and end-of-life (EoL) scenarios become a pressing matter.

Enormous order intake is ensuring high production capacity utilization at the German PV equipment provider. The company said demand was particularly strong for high-efficiency solar cell production equipment in Asia. Thus far this year, however, that has not been reflected in the balance sheet.

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.

Analysts at Fitch Solutions have published a report singling out Spain and Brazil as ‘outperformers’ in the global solar market and labelled Vietnam the “market to watch”. The analysts expect surging growth from the Southeast Asian nation to continue in the coming decade.