Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand.
The Government of the Republic of Palau has re-opened a request for proposal (RfP) for a dispatchable solar PV project despite originally awarding the capacity and signing a power purchase agreement (PPA) with a subsidiary of French firm ENGIE in what had been dubbed as the world's largest microgrid.
The European Union solar market grew by 36% in 2018 and very strong demand for PV in Europe is expected in the next two years, said trade group SolarPower Europe.
Gujarat Urja Vikas Nigam Limited (GUVNL) has auctioned 500MW of grid-connected solar capacity with winning tariffs in the range of INR2.55-2.66/kWh (US$3.6-3.8 cents).
India's Cabinet Committee on Economic Affairs (CCEA) has approved its solar for farmers scheme that aims to support 25,750MW of solar by 2022 with INR344 billion (~US$4.84 billion) of central government backing.
Pretty much everything that could go wrong for Indian solar in 2018, did go wrong, but 2019 will be brighter, according to the 'India Solar Compass Q4 2018' report from Bridge to India.
Renegotiating renewable tariffs agreed in the early 2010s to help technically insolvent state utility Eskom could “dent investor confidence”, says SAPVIA.
