Solar Plants News

Energy provider New Jersey Resources (NJR) is selling US$150 million of green bonds to finance six commercial solar plants with a combined capacity of 50MW.

A major ground-mounted PV auction in France is set to boost the country’s solar capacity by 10%, with 107 developers successfully bidding on 858MW of capacity spread evenly across the country.

Solar has emerged as the overall cheapest technology in Argentina’s latest clean energy tender, aimed at smaller-scale installations.

The cancellation of an 80-megawatt project with no financial penalty raises questions about a monopoly utility competing against private developers.

Supported by an innovative portfolio contract with its power purchasers, Ormat Technologies has now started commercial operations of its innovative hybrid solar-geothermal power plant at Tungsten Mountain, Nevada.

The €29.7 million financing package was awarded by Banco Sabadell. Renovalia’s 79.2 MW solar park will be Spain’s first PV facility to sell all of its output on the spot market.

U.K. solar developer Lightsource BP plans to host a community information event in the town of Mannum, South Australia, to outline a proposal to fund, build and operate a 100 MW solar project.

French floating PV specialist Ciel&Terre is teaming up with SCG, an Asian petrochemical company, to develop floating solar plants at hydroelectric dams in Thailand.

The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.

ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.

The winning developer will be able to use solar modules and cells of any origin for the plant, which will be built in Auraiya district, in the Indian state of Uttar Pradesh. Bidding closes on Sept. 5.

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.

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).

‘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.

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.