Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.
PV inverter manufacturer SMA Solar Technology has made a US$20 million investment in module-level power electronics (MLPE) firm, Tigo Energy for a 27% stake in the company.
French renewable energy firm EDF Renewable Energy has signed a 15-year Power Purchase Agreement (PPA) with Southern California Edison (SCE) for 111.2MW AC PV power plant.
The financial woes of US developer SunEdison would only have a small impact on India’s overall solar deployment targets and any incomplete PV projects would be retendered immediately, Tarun Kapoor, joint secretary of India’s Ministry of New and Renewable Energy (MNRE) has told PV Tech.
PV company Trina Solar announced that it has signed an agreement to provide 40MW of solar modules to Tegnatia, one of Turkey’s top engineering, procurement and construction (EPC) contractors.
First Solar has entered into a framework agreement with a subsidiary of Silicon Ranch, one of the US’ leading solar project developers, to supply 230MW worth of modules for future projects.
Under phase 2 of the Large Renewable Procurement (LRP) Scheme, Ontario is opening bidding for 930MW; almost doubling its renewable energy ambitions for solar (250MW), wind (600MW), hydroelectricity (50MW) and bioenergy (30MW).
US power engineering firm Bechtel’s major Soda Mountain solar project has been approved by the US Department of Interior (DOI), but only after a 71MW capacity reduction, following an extensive three-year environmental analysis of the project area.
