Solar News

Large-scale storage systems at ees Europe 2017

2017-05-16 |

With their capacity to uncouple the generation of clean power from consumption and ease the burden on grids, large-scale storage systems will play a central role in the energy supply of the future. This is because they allow flexible coordination of energy supply and demand. From May 31–June 2, 2017 in Munich, ees Europe, Europe’s largest and most visited exhibition for batteries and energy storage systems, offers an overview of the versatile applications for large-scale storage systems. Read more...

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Production in Malaysia

First Solar announces first quarter results


First Solar, Inc. (Nasdaq: FSLR) announced financial results for the first quarter of 2017. Net sales for the first quarter were $892 million, an increase of $561 million from the prior quarter primarily due to the sale of the Moapa project, partially offset by lower third-party module sales. Read more...

Production facility in Moses Lake

REC Silicon publishes results of first quarter 2017


REC Silicon ASA (REC Silicon) reported first quarter revenues of USD 57.5 million, down from USD 80.4 million in the previous quarter. The corresponding EBITDA during the first quarter was USD 4.6 million compared to USD 4.9 million in the previous quarter.  Read more...

Frost & Sullivan expects solar PV investment to increase by 11.5 percent in 2017

Frost & Sullivan: Power industry focuses on renewables; Solar PV is the fastest growing


Increased decentralisation, the need to decarbonise electricity generation, and digitisation to boost operational efficiency are driving market opportunities in the power industry. According to Frost & Sullivan (London, UK), continued regulatory support for renewable energy in key markets will see global power investment reach USD 443.5 billion in 2017. Solar photovoltaics (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Read more...

Discussions at Intersolar Europe will include the influence of rating agencies on the success of PV projects and the market prospects for so-called merchant PV power plants

Intersolar Europe will present new developments in solar PV financing


The success or failure of a solar PV project hinges on appropriate financing. In recent years, numerous new financing models have emerged for solar installations of various sizes. Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, and its accompanying conference are shining a spotlight on the topic this year, providing visitors with information on the most important developments. Read more...

Rendering of the Kanoya Osaki Solar Hills PV plant

Kyocera and partners announce groundbreaking of a 92 MW solar PV plant in Japan


Kyocera Corporation (Kyoto, Japan), K.K. GAIA POWER, Kyudenko Corporation and Tokyo Century Corporation on April 27th, 2017 announced that Kanoya Osaki Solar Hills LLC, a solar photovoltaic (PV) power operating company jointly established by the four companies, has launched construction of a 92 MW solar power plant. Read more...

Solar energy is gaining momentum in Cambodia and other countries in Southeast Asia

ADB backs Sunseap to build Cambodia's first large-scale solar PV plant


The Asian Development Bank (ADB, Manila, Philippines) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar photovoltaic (PV) project under a long-term agreement with Electricité Du Cambodge (EDC). The PV project is located near Bavet, a special economic zone in the Svay Rieng province, and is being implemented through a public-private partnership (PPP) arrangement. Read more...

SCE connected 1,648 MW of solar power generation capacity in 2016

SCE named No. 1 solar utility in the U.S. for second year in a row


Southern California Edison (SCE, Rosemead, CA, US) delivered more solar power to its customers in 2016 than any other utility in the United States, according to rankings compiled by the Smart Electric Power Alliance (SEPA). Read more...

The Soroti PV plant consists of 32,000 Canadian Solar PV panels

Canadian Solar supplies 10 MW of modules to the largest PV project in Uganda


Canadian Solar Inc. (Guelph, Ontario) on April 26th, 2017 announced that the company has supplied 10 MW of PV Modules to the Soroti photovoltaic plant in Uganda. The PV project is the largest of its kind in East Africa and was officially inaugurated at the end of 2016. Read more...

The 5 MW PV plant is located in northern India

Abengoa completes its first solar PV project in India


Abengoa SA (Seville, Spain) has completed its first solar photovoltaic (PV) plant in India. It is a Project with a capacity of 5 MW that Abengoa has undertaken for Enerparc Energy. The PV plant is located in northern India, in Roorkee, Uttarakhand state. Read more...

The ground-mounted solar PV plant is located in Cuenca, Spain.

Sonnedix acquires 7 MW solar PV plant in Spain


Independent Solar Power Producer (IPP) Sonnedix on April 25th, 2017 announced the acquisition of the 7 MWp Olmeda solar photovoltaic (PV) plant from Sunflower Sustaintable Investments Ltd and Shikun & Binui Ltd., taking its operating capacity in Spain to 145 MWp. The ground-mounted PV plant is located in Cuenca, Spain Read more...

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