Solar developers AGL Energy and First Solar have completed Australia’s two largest solar PV plants at Nyngan (102MW) and Broken Hill (53MW), which included AU$166.7 million support from the Australian Renewable Energy Agency (ARENA).
Researchers have completed a study that seeks to pinpoint the factors behind why the price of solar systems in some areas of the US is significantly lower than others.
Major US-based residential solar PV installer Sunrun has finalised senior secured credit facilities totalling US$250 million through Investec and Investec Bank to support further residential installations.
New South Wales was the only Australian state to experience a significant increase in volumes of sub-100kW PV systems in 2015, with most other states contracting, according to the latest figures from Australia-based solar consultancy SunWiz.
German Electro-Mechatronic Systems (GES), a Germany-headquartered company with a background in LED lighting, has signed a deal to manufacture solar PV panels and LED lights in Macedonia.
The first of the annual round of PV market reports of 2016 has pegged deployment last year at 51GW. The figure falls short of most 2015 forecasts and looks set to reopen the perennial debate about the big-picture market data available to the global solar industry.
China-based PV manufacturer and PV project developer Hareon Solar Technology is raising around US$300 million in a private placement of new shares to expand PV manufacturing capacity and enter the LED market through an acquisition.
India’s fiercely competitive solar auctions have driven bids down to another surprise low with Finland-based developer Fortum Finnsurya Energy winning 70MW capacity in Rajasthan at a price of INR4.34/kWh (US$0.064), which is a drop of more than a 6% from the previous Indian record of INR4.63/kWh.
