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.
Independent renewable power producer, Grupo T-Solar has secured funding of €567.8 million to refinance 23 PV power plants located in Spain, totalling 127MW.
Leading monocrystalline wafer producer, LONGi Green Energy Technology has guided a surge in net profits expected for 2019, due to increased manufacturing scale lowering production costs and with significant growth in overseas market demand for its PV module subsidiary, LONGi Solar.
There are 'few signs' industry majors are investing in renewables at the scale required by climate change, global body says in warnings aimed at wealthy Davos attendees.
Manufacturer tells PV Tech of ambitions to triple annual shipments to the country within three years and stage a shift to bifacial to better serve utility-scale projects.
Industry association GÜNDER tells PV Tech it expects mix of large-scale tenders and net metering support for smaller systems will drive annual gigawatt-scale growth starting this year.
Grid-connected 800MW project developed with local partners will help the Gulf nation to diversify its energy mix and deliver a 'carbon-neutral' football World Cup in 2022.
