News

Ultra-low solar bid of $0.01997/kWh in the US – not quite so sunny
PV technology has made significant progress in a short amount of time, leaving solar enthusiasts chuffed. Opponents, on the other hand, brand it as unworkable boondoggle, surviving on the crutches of subsidies and only salving the conscience of the green-minded companies cosseted by political forces. The naysayers do have partial truth in their argument - governments the world over have been supporting the growth of this child with the moniker “solar” with public finances. So, this is the partial truth and the enthusiasts have just enough firepower to say that all energy is, after all, subsidised one way or another – in terms of uncompensated costs of air pollution, congestion and global warming and the consequential irreversible damage these fossil fuels have done to the planet. Perhaps more important and statistically relevant is a report published by the IMF in 2015, which had pegged subsidies to fossil fuels at US$5.3 trillion.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar, USA, bifacial, monocrystalline, ssfusa, North America
India turns to dispatchable renewables to ease grid constraints
The state enterprise Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issued on the grid, in effect mandating the use of energy storage systems (ESS).
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar, India, SECI, tender
JA Solar’s bifacial double-glass PERC modules used on 2.5MW rooftop project for Goodyear Malaysia
‘Solar Module Super League’ (SMSL) member JA Solar has supplied its bifacial double-glass PERC modules to a 2.5MW rooftop project at a Goodyear tire manufacturing facility in Shah Alam, Malaysia, the country's largest such project.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Malaysia, rooftop, SMSL, JA Solar, Goodyear, pv modules, Asia
US sanctions to redirect Chinese PV supply towards Europe, Asia
Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.
Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America
Japanese giants have solar operations on the down-low
Aug 2, 2019 // Residential, Markets & Finance News, Policy, Solar, Japan, Malaysia, Panasonic, GS-Solar, Kyocera, Residential PV, Asia
Soventix in talks to deploy 100MW solar in Nicaragua
Soventix has been singled out by the Nicaraguan government as the potential developer of a major solar project, the latest in a series of PV moves by the Central American state.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Solar, UTILITY-SCALE SOLAR, Soventix, Nicaragua, Salvador Mansell Castrillo, PV plants, North America
SECI issues new 1.5GW PV tender under second phase of CPSU program
The Solar Energy Corporation of India (SECI) has issued another tender, seeking PV developers to help develop 1.5GW of solar projects across the country. This latest tender stands as part of the second phase of the Central Public Sector Undertaking (CPSU) program.
Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Solar, India, SECI, tender, CPSU, Asia
German investor scoops up 6.5MW of distributed solar in El Salvador
A German player has become the owner of a distributed solar pipeline in El Salvador, laying the groundwork for construction to launch later this year.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, El Salvador, MPC Capital, Hamburg, PV plant, Geo Ingeniería, Europe, North America, Costa Rica
Power Energy Corporation buys Nautilus Solar Energy
Power Energy Corporation, a subsidiary of Power Corporation of Canada, has bought developer and asset manager Nautilus Solar Energy from management shareholders and minority shareholder Virgo Investment Group for an undisclosed sum.
Aug 2, 2019 // Markets & Finance News, USA, Canada, nautilus, Power Energy Corporation, Power Corporation of Canada, North America
Enphase Energy microinverter shipments in Q2 surpass 1.2 million
Leading microinverter supplier, Enphase Energy shipped over 1.2 million units in the second quarter of 2019, with its latest IQ 7 model accounting for around 98% of shipment total.
Aug 2, 2019 // Manufacturing News, Markets & Finance News, Inverters, USA, SunPower, Australia, Enphase Energy, microinverters, rooftop, Inverters, Oceania, North America
Capital Dynamics grows Nevada portfolio with solar-plus-storage foray
Global asset management firm Capital Dynamics has purchased an 180MWac / 231MWdc solar project that includes a 90MWac / 360MWh energy storage facility in Boulder City, Nevada for an undisclosed sum.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Capital Dynamics, USA, Nevada, Skylar Townsite LLC, Gigawatt 1, Rob Roy, Adam Kramer, North America
Natixis, Arroyo close financing on up to 70MW of PV projects in Chile
Natixis and ARCO 3 SpA have closed senior facilities totaling US$69.1 million for a portfolio of solar PV plants in Chile, with up to 70MW of generation capacity.
Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Solar, Natixis, ARCO, Arroyo, Chile, South america
Amazon unveils seventh solar farm for Virginia
Amazon revealed plans for a 45MW / 100,000MWh solar farm in Virginia and a 23.2MW / 68,000MWh wind farm in Cork, Ireland on Thursday.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Solar, USA, Virginia, Amazon, Ireland, Cork, plants, Europe, North America
ABO sells Spanish PV portfolio, links debut Hungarian project
ABO Wind has reached key solar milestones across two of its European target markets, notching up a major sale in Spain and linking its first Hungarian PV project.
Aug 2, 2019 // Plants, Large-Scale, Markets & Finance News, Spain, PV Tech, ABO, Wiesbaden, Hungary, plants, Europe
Orange Jordan adds 37 MW of solar under ‘wheeling’ scheme
With grid capacity a limiting factor, the Middle Eastern country has moved to foster private-to-private solar projects to meet industrial power demand.
Aug 1, 2019 // Large-Scale, Commercial, Markets & Finance News, Solar, EBRD, Orange Jordan, Kawar Investment, Hussein Bin Talal, Mafraq, Amman, Jordan, Asia