A 333MW PV plant is apparently set to be constructed by local PV company Andaltia in Lorca, Spain, requiring an investment of €400 million (US$454 million), according to the town's official website and local news outlets.
The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
Developers of commercial solar PV in Britain, hoping to add batteries to their offerings could find the expertise required a significant barrier to entry, the head of a solar installation and power engineering company has said.
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.
Photovoltaik-Institut Berlin (PI Berlin) now has the capability to troubleshoot faults in PV power plants using a precision LED solar simulator. This device is the first of its kind to allow laboratory standard solar module power measurements to be taken in the field without the need to dismantle modules.
Monocrystalline wafer producer Comtec Solar Systems Group said it was preparing to acquire an unidentified PV power plant project company to enter the downstream business.
Leading PV manufacturing equipment supplier, Meyer Burger has received an order valued at around US$10.3 million for its recently launched DW288 Series 3 diamond wire cutting technology.
GE is hoping that with its ‘all-in-one’ integrated service offering, its new commercial energy management venture can also help put some momentum into US commercial-scale solar.
The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.
