SEIA and ACORE slam December decision by federal energy watchdog to reform pricing rules of interstate electric grid PJM's pricing system, claiming it will discriminate against clean energy generators.
CIT Group’s Power and Energy unit has arranged approximately US$200 million in financing for a 76MW portfolio of community solar projects located across four US states.
International renewable energy provider GCL New Energy, a subsidiary of GCL-Poly has signed a deal to sell 7 operational solar power plants in China with an aggregate installed capacity of approximately 294MW to one of the five largest state-owned electric utility enterprises in China, China Huaneng Group.
‘Solar Module Super League’ (SMSL) member, LONGi Solar has reported a new record P-type monocrystalline PERC (Passivated Emitter Rear Cell) PV module conversion efficiency of 22.38%, culminating in an overall efficiency gain of almost 2% in the last two years.
‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) is set to invest in expanding capacity dedicated to shingling wafer/cell/module technology for larger wafer sizes by 2.5GW.
Current pipeline lies at such advanced stages that 3.6GWac of PV and wind could be commissioned nation-wide after 2019’s market lows, say Rystad Energy consultants.
PV might have only seen 30.22GW added throughout 2019 but ‘year-end rally’ hinted at by latest NEA figures may indicate market will rebound more than expected in 2020, analysts say.
