UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
The US-headquartered high-efficiency solar panel maker is to spin off most of its manufacturing operations into a separate public listed entity, Maxeon Solar, which will include monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) as an investor.
The project will be contracted to Coal India Ltd's subsidiary South Eastern Coalfields Ltd for 25 years, and help the coal major reach its national aim of becoming a "net-zero energy company."
Recently, during part of travels to Asia region, I took the opportunity to meet up with Q CELLS CTO Daniel Jeong, to discuss new developments at Q CELLS and also share some thoughts on the industry and manufacturing trends today.
‘Solar Module Super League’ (SMSL) leader, JinkoSolar is to expand its high-efficiency large-area mono-wafer production capacity in China to 18GW in the second quarter of 2020, which would be higher than its module assembly nameplate capacity.
In other Golden State developments, LA City Council green lights 8minute's 400MW/1,200MWh solar-plus-storage hybrid, set to supply utility LADWP starting 2022.
Major PV inverter company, SolarEdge Technologies continued its streak of record quarterly revenues in the third quarter of 2019. However, fourth quarter revenue growth is expected to slow compared to previous quarters.
The developer – which posted a revenue boost, a net income drop and a "record" number of projects awarded in the third quarter of 2019 – says it is on track to meet its full-year guidance.