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Gamesa reference solar PV plant

Gamesa announces its largest ever solar PV EPC order in India: 130 MW for Atria Power


Gamesa Corporación Tecnológica (Zamudio, Vizcaya, Spain) has entered into an agreement with Indian developer Atria Power for the EPC construction of 130 MW of solar power at two developments located in the regions of Karnataka and Andhra Pradesh, in southern India. It is the largest solar order received by Gamesa since it entered this sector in India last year, the company emphasizes. Read more...

From the report: Utility-scale solar PV generation costs to fall by another quarter over 2015–21; competitive tenders may result in even faster cost reductions, IEA finds

IEA raises its five-year renewable growth forecast as 2015 marks record year


The International Energy Agency (IEA, Paris, France) on October 25th, 2016 announced that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. The latest edition of the IEA’s Medium-Term Renewable Market Report now sees renewables growing 13% more between 2015 and 2021 than it did in last year’s forecast, due mostly to stronger policy backing in the United States, China, India and Mexico. Read more...

Masdar CEO Mohamed Al Ramahi and Abdul Fattah Daradkeh, CEO of NEPCO, sign the solar PV PPA at a ceremony attended by HE Dr Hani Al Mulqi, Prime Minister of Jordan

Masdar inks PPA to build Jordan’s largest solar PV plant: 200 MW near Amman


Masdar, Abu Dhabi’s renewable energy company, has completed a key step in the development of the largest solar photovoltaic (PV) power plant in the Hashemite Kingdom of Jordan. Jordan’s largest solar power plant will be linked to Al Muwaqqar substation located approximately 10 kilometres outside Amman. Once connected to the national grid, it will supply the annual power needs of around 110,000 homes. Read more...

The new PV module efficiency record represents an increase of more than 0.7 percentage points

Trina Solar announces new PV world record: 19.86% aperture efficiency for multi-crystalline silicon PV module


Trina Solar Limited (Changzhou, China) on October 18th, 2016 announced that its State Key Laboratory of PV Science and Technology of China (SKL PVST) has set a new world record of 19.86% aperture efficiency for its high-efficiency “Honey Plus” multi-crystalline silicon (mc-Si) solar module, which contains 120 pieces of P-type mc-Si solar cells (156x78 mm2). The result has been independently verified by the Fraunhofer ISE CalLab in Germany. Read more...

Canadian Solar will supply the modules for the PV project from its new factory in Brazil

Canadian Solar, EDF to start construction of a 191.5 MW solar PV project in Brazil


Canadian Solar Inc. (Gueplph, Ontario) and EDF Energies Nouvelles, (EDF, Paris, France) on October 11th, 2016 announced the sale of 80% interest in Canadian Solar's Pirapora I solar energy project in Brazil to EDF Energies Nouvelles' local subsidiary, EDF EN do Brasil. The 191.5 MWp PV project is starting construction and expects to reach commercial operation in the third quarter of 2017. Read more...

In Q3, 2016 solar corporate funding levels bounced back compared to a weak Q2

Mercom Capital: Total corporate funding in the solar sector rises QoQ to USD 3 billion in Q3, 2016


Mercom Capital Group, llc. (Austin, TX, U.S.) on October 10th, 2016 released its report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. Total corporate funding, including venture capital, public market and debt financing into the solar sector in Q3, 2016 was up to about USD 3 billion in 45 deals, compared to the USD 1.7 billion in 32 deals in Q2, 2016. Read more...

The PV plant produces solar power using over 600,000 First Solar Series 4 thin film PV modules

First Solar commissions 52.5 MW Shams Ma’an PV plant in Jordan


First Solar, Inc. (Tempe, AZ, U.S.) on October 10th, 2016 announced that it has commissioned the 52.5 megawatt (MWAC) Shams Ma’an solar photovoltaic (PV) project in the Hashemite Kingdom of Jordan, on schedule. The PV plant is owned by a consortium of investors consisting of Diamond Generating Europe Ltd., Nebras Power Q.S.C. and the Kawar Group. First Solar significantly contributed to the development of the project before divesting its stake and being appointed the Engineering, Procurement and Construction (EPC) contractor. Read more...

In September 2016 Cubico acquired the 50 MW Owls Hatch solar photovoltaic (PV) park located in Southern England (pictured)

Cubico Sustainable Investments wins 290 MW solar PV project in Mexico


Cubico Sustainable Investments (London, UK) has been awarded power purchase agreements (PPAs) in Mexico’s second long-term electricity auction for the 250 MW Mezquite wind project and the 290 MW Solem solar photovoltaic (PV) project, representing a total investment of around USD 700 million, the company announced on October 6th, 2016. Read more...

sPower is a leading independent power producer (IPP) that owns and operates more than 150 utility and commercial distributed electrical generation systems across the U.S. and the UK

sPower secures USD 786 million in capital commitments for nine solar PV projects in California totaling 339 MW


Renewable energy provider sPower (Salt Lake City, Utah, U.S.), on October 6th, 2016 announced the completion of a tax equity investment and syndicated construction and term loan facility totaling USD 786 million. The capital will be used to finance a group of nine solar photovoltaic (PV) projects totaling 339.4 MW. While most of the projects are under construction, two recently achieved commercial operation. Read more...

The Schwerin battery park, commissioned in 2014, was the first commercial battery energy storage resource in Europe

Energy storage: German battery park will be expanded from 5 MWh to 14.5 MWh


German utility WEMAG (Schwerin), in partnership with storage software provider Younicos (Berlin, Germany) on October 5th, 2016 started construction on a project that will nearly triple the energy storage capacity of battery park Schwerin. With this upgrade, the utility’s energy storage resource will double its power output from 5 MW to 10 MW, while the energy capacity will increase from 5 MWh to 14.5 MWh. Read more...

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