News

The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.

South Korea’s largest PV project is scheduled for commissioning by next year. The project developer – Korean floating PV specialist Scotra – is also planning a 2.5 MW offshore solar project with the support of the government.

Elon Musk is trying just about everything to reimagine the solar business. But will this one work?

Australian banking and financial services giant ANZ has extended its collaboration with Sydney-based Clean Energy Finance Corp. via an additional $67.7 million financing commitment to help the nation’s businesses cut energy costs and reduce carbon emissions. The bank is also offering financial discounts for upgrades and new investments in solar PV, energy storage, electric vehicles and other technologies.

The country’s agency for rural electrification is seeking proposals for a 1.3 MW solar project and a 1.5 MW/2 MWh storage system.

The California Independent System Operator has warned state regulators that there could be a 4.7 GW capacity shortfall in 2022, in the early evening hours of the annual peak demand events of September. The grid operator has suggested the alteration of water cooling laws, as well as increased procurement of resources.

The Dubai Water and Electricity Authority will use energy from the gigawatt-scale Mohammed Bin Rashid Al Maktoum Solar Park to provide a new hydropower plant with pumped storage capacity. The state-owned utility has announced a number of innovations for the project in recent months, including plans for hydrogen and large-scale storage capacity.

The 20 MW plant will feature 62,750 solar panels. Installer Perpetum Energy plans to commission the project in the spring of 2020.

Troubled thin film manufacturer Thin Film will see a 51% controlling stake in a hugely profitable hydropower project auctioned off after a move by creditors. Hanergy Thin Film owner Li Hejun’s Hanergy Mobile Energy business in China says it will be among the bidders.

The nation’s roofs could host up to 655 GWp of solar generation capacity a recent solar mapping exercise found. But a wider understanding of the benefits of solar, combined with incentives, would be required to unlock a potentially transformative energy development.

US renewables giant Invenergy discussed its plans to develop an 127MW solar project in southwest Colorado at a county meeting in early August.

A joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a combined generation capacity of 195MW.

The power company has launched three procurement auctions for a total of 2.9 GW of power generation capacity. Renewable energy companies are among the bidders to have expressed interest in providing electricity.

A 200MW solar project planned for Victoria, southern Australia, has been denied planning permission by the state's planning arbitrator.

Trade tensions have flared anew between some of the world’s top solar markets, with the US attempting to quash a complaint from India even as China opened a new dispute.