Solar News

Brazil concludes solar PV auction with 30 projects totaling 834 MW awarded

2015-09-01 |

Brazil’s Energy Research Company (EPE), which is conducting the nation’s Energy Auctions, on August 31st, 2015 announced, that the first Reserve Energy Auction 2015 hired a total of 30 solar photovoltaic (PV) projects, adding a generation capacity of 833.802 megawatts (MWp). The average auction price was R$ 301.79 (USD 83.3)/MWh, reflecting a discount of 13.5% over the initial price. Read more...

 
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1 MW solar PV plant in the Ceara state of Brazil

Brazil concludes solar PV auction with 30 projects totaling 834 MW awarded

2015-09-01

Brazil’s Energy Research Company (EPE), which is conducting the nation’s Energy Auctions, on August 31st, 2015 announced, that the first Reserve Energy Auction 2015 hired a total of 30 solar photovoltaic (PV) projects, adding a generation capacity of 833.802 megawatts (MWp). The average auction price was R$ 301.79 (USD 83.3)/MWh, reflecting a discount of 13.5% over the initial price. Read more...

Southern Power will acquire approximately 51% of the Tranquillity solar PV project, Canadian Solar will retain 49% ownership

Canadian Solar announces partnership with Southern Power in 200 MW Tranquillity Solar Power project

2015-09-01

Canadian Solar Inc. (Guelph, Ontario) on August 31st, 2015 announced that its wholly owned subsidiary, Recurrent Energy, one of North America's largest solar photovoltaic (PV) project developers, signed an agreement with Southern Power (Atlanta, Georgia, U.S.) , a subsidiary of Southern Company (NYSE: SO). Southern Power will acquire a controlling interest in the 200 megawatt (MW) Tranquillity Solar Power project in California. The PV project, developed by Recurrent Energy, is currently under construction. The Tranquillity PV project, covering an area of 1,900 acres in Fresno County, is expected to reach commercial operation in the fourth quarter of 2016 with Signal Energy Constructors as the provider of engineering, procurement, and construction services. Expected to create approximately 500 construction jobs, the facility will consist of more than 800,000 polycrystalline solar PV modules, mounted on tracking tables. Read more...

Meyer Burger's PERC solar PV technology was developed by subsidiary Roth & Rau AG

Meyer Burger's Technology and Product Centre, Roth & Rau AG, renamed Meyer Burger (Germany) AG

2015-09-01

Meyer Burger Technology Ltd (Thun, Switzerland) on August 31st, 2015 announced that following the approval by the shareholders of Roth & Rau AG (Hohenstein-Ernstthal, Germany), Roth & Rau will be renamed Meyer Burger (Germany) AG with immediate effect. Read more...

The report details a significant drop in the price of solar, wind generation costs, especially for solar PV installations

Joint IEA-NEA report: Renewable sources can produce electricity at close to or even below the cost of new fossil fuel-based power stations

2015-08-31

A new report, published by the International Energy Agency (IEA) and the Nuclear Energy Agency (NEA), provides the contrasting costs for different power generation technologies around the world in detail, and shows that renewable sources can produce electricity at close to or even below the cost of new fossil fuel-based power stations. Read more...

The SaCaSol 1C/1D PV plants are one of 10 PV plants in the Philippines for which Syntegra serves as owner’s engineer

PV in the Philippines: 23 MW SaCaSol 1C/1D power plants commissioned in August 2015

2015-08-31

Syntegra Solar (Oberwil/Zug, Switzerland) on August 31st, 2015 announced, that the EPC company commissioned the SaCaSol 1C/1D PV plants for San Carlos Solar Energy Inc. (SACASOL) in August 2015. The overall 23 MWp PV plant project was commissioned on-budget and met the SaCaSol schedule on-time, Syntegra Solar notes. Read more...

PV modules on the roof of a stadium in Taiwan

Taiwan increases solar PV deployment target for 2030 from 6.2 GW to 8.7 GW

2015-08-31

Taiwan’s Bureau of Energy (BOE), part of the Ministry of Economic Affairs (MOEA) at the End of August 2015 announced the Nation’s third upward adjustment of the targets for renewable energy. In spite of the limited contribution to daily operating reserve from renewable energy due to its intermittency, the Ministry of Economic Affairs (MOEA) makes all-out effort to develop renewable energy. Read more...

Groundbreaking for the 70 MWp Moree Solar Farm in New South Wales, Australia.

JA Solar to supply PV modules totaling 70 MW to Australia's Moree Solar Farm

2015-08-31

JA Solar Holdings Co., Ltd. (Shanghai, China) on August 31st, 2015 announced that Australia's 70 MW Moree Solar Farm (MSF) has begun to install the batches of solar photovoltaic (PV) modules provided by JA Solar since June. As MSF's exclusive supplier, JA Solar will keep delivering JAP6-315 and JAP6-310 PV modules to meet all demand of 70 MW modules. Read more...

SFCE develops and operates solar PV plants, primarily in China. In H1, 2015 the company increased solar power generation by 176% year-on-year

Shunfeng 2015 interim results: Revenue increased by 19.5% year-on-year, net profit significantly declined

2015-08-31

Shunfeng International Clean Energy Limited (SFCE, Hong Kong), an integrated clean energy solutions provider; on August 30th, 2015 announced its interim results for the six months ended June 30th, 2015. In the first half of 2015, SFCE’s revenue increased 19.5% year-on-year to RMB 3,520.4 million (approx. USD 550 million), reflecting a significant increase in power generated from solar photovoltaic (PV) plants in operation. Read more...

52,000 PV modules manufactured by Astronergy will be installed on single-axis tracking systems produced by Nextracker (pictured).

Financing closed for a 13.6 MW AC PV plant in Mexico

2015-08-31

The North American Development Bank (NADB, San Antonio, Texas, U.S.) and Buenavista Renewables (BVR, Mexico City, Mexico) have signed a USD 15.5 million loan agreement for construction of the 13.6 MW (AC) Los Santos Solar I Park located in Ahumada, Chihuahua. The Overseas Private Investment Corporation (OPIC) is also providing senior debt in support of the solar photovoltaic (PV) project. Read more...

Yingli Solar refers to a decrease in average selling price of PV modules and more shipments to China as reasons for decreasing gross margins

Yingli Solar delays publication of Q2, 2015 results, announces bisected gross margins

2015-08-31

Yingli Green Energy Holding Company Limited (Baoding, China), known as “Yingli Solar” on August 28th, 2015 announced that it plans to release its unaudited financial results for the quarter ended June 30th, 2015, before the U.S. market opens on September 8th, 2015. Based upon preliminary data, the Company estimates that its solar photovoltaic (PV) module shipments in the second quarter of 2015 were in the range of 720-730 MW, which was within the range announced in the previous guidance. Read more...

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