Power Plants

The levelised cost of energy for solar PV will drop to US$21/MWh by 2050, according to DNV's Energy Transition Outlook 2030.

Coro Energy plans to build 50MW of new rooftop solar capacity atop Mobile World Investment's buildings in Vietnam.

Solar developer Leeward Renewable Energy has reached commercial operation of the Big Plain Solar 196MW solar PV plant in Ohio, US.

The International Financing Corporation has signed a deal with Moroccan state-owned phosphate mining and fertiliser producer OCP Group to partially finance 400MW worth of solar PV.

NLC India has won a tender to develop an 810MW solar photovoltaic project in the northern state of Rajasthan.

Many large solar PV projects cross over First Nations land, and the representative body the First Nations Clean Energy Network (FNCEN) says that “proper and meaningful engagement with First Nations will be essential for the success of the renewable energy sector.”

Sunstone Credit on its takeaways from the RE+ event and the biggest trends looking forward for the US solar industry.

French renewable power company Voltalia has sold a ready-to-build 420MW solar PV project in Brazil to energy company Newave Energia.

UAE power company Masdar has signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to develop up to 10GW of renewable energy projects, including ground-mounted, rooftop and floating solar.

If Australia does not want to lose its international competitiveness as a renewables producer, the government will have to invest AU$100 billion (US$64 billion) in the next ten years, according to the sector's trade body the Clean Energy Council.