Power Plants

Q CELLS has signalled its intent to target the US solar and storage market by acquiring San Francisco-based storage solutions provider Growing Energy Labs Inc (Geli).

Global corporate funding for solar projects in the first half of 2020 was US$4.5 billion, a 25% drop year-over-year, according to a report from Mercom Capital Group.

Azure Power and Tata Power were among winners in a reverse auction for 1.2GW of solar projects in India, with a winning tariff of INR2.43/kWh (US$0.0324).

Portugal’s environment minister has revealed a solar tender due to take place in the country at the end of the month is ten times oversubscribed.

Module manufacturer Znshine Solar has clinched a 33.28MW supply contract which will contribute towards the development of a utility-scale solar plant in the Ukraine.

Solar projects have scooped nearly 800MW of contracts from Ireland’s first Renewable Energy Support Scheme (RESS), smashing all expectations.

A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.

Microinverter supplier Enphase Energy saw its Q2 revenue shrink 6% year-on-year as it was affected by reduced demand as a result of COVID-19.

Trina Solar has launched its latest ‘Vertex’ solar panel series, designed with a new platform of technology innovations to provide ultra-high performance for utility-scale PV power plant applications with a path to 600W panels in 2021.

Hybrid and co-located solar-storage projects can provide “considerable benefits” to grids in the US, but only if market rules and practices undergo a wholesale revamp.