News

UN money will help South African PV players underpin project revenues without the need to resort to the government, after a year when Eskom’s woes have cast doubts on the state-offtaker route.

The winners of the eighth round of France’s rooftop PV tender series have drawn lower average prices than peers awarded just four months ago, new results show.

The rising solar appetites of global investors so far in 2019 have put the industry on course to reach full-year financing volumes unseen since 2017, according to Mercom.

Chancellor Angela Merkel’s coalition is wavering on whether to focus on wind or solar power over the next decade to help Germany cut carbon emissions.

Ambitious proposals have emerged to power a major Angus pharmaceutical plant with electricity from a giant solar farm on land a few miles away.

MRC Allied Inc., through its wholly-owned unit Menlo Renewable Energy Corp. (MREN), said Wednesday it its solar rooftop installation stands to save up to 30% in electricity bill.

US assistant secretary of state for energy Francis Fannon says Indian solar developers should put quality, service and diplomacy above one-time expenditure.

Hundreds of Victorians have been warned solar panels installed on their homes as part of a $1.3 billion rebate scheme are the work of a dodgy company using unlicensed electricians.

Shalom College is planning to expand its campus with the introduction of a collaborative learning building and the largest school solar farm in Queensland.

Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.

The central Italian province of Viterbo has 1,359 MW of solar generation capacity in the development and approvals process. The mass of projects has raised opposition from some locals and developers are in talks with government officials to discuss how concerns can be addressed.

Poland’s fourth largest energy company, Enea, will build a 30 MW solar plant for the Bogdanka coal mine in which the utility is majority shareholder. The project will sell power to the mine through a long-term supply deal.

The decreasing costs of solar and wind energy could generate $71 billion in stranded coal assets in Japan by 2025, according to a new report from the Carbon Tracker Initiative, a financial think tank, and the University of Tokyo. Offshore wind power will be cheaper than coal in Japan by 2022, new solar cheaper by 2023, and onshore wind less expensive by 2025.

Total corporate funding in the solar sector (including venture capital/private equity, public market, and debt financing) for the first nine months of 2019 was up with $9 billion raised, compared to $6.7 billion in for the same time period in 2018, a 34% increase year-over-year.

China is the world’s largest producer of solar panel technology – tech that is now being exported and that is transforming energy sectors in countries such as Argentina, where the largest solar park in Latin America has recently been inaugurated.