According to provisional data from BloombergNEF (BNEF), global solar PV installations reached 109GW in 2018 as the cost of installing a megawatt of photovoltaic capacity fell 12%, which spurred markets outside China to increase installations.
PV inverter manufacturer KACO new energy is changing its business focus to include only string inverters and energy storage products, after its acquisition of Energy Depot, selling its central inverter business subsidiary in South Korea to OCI Power. Financial details were not disclosed.
Solar Energy Corporation of India (SECI) is planning to develop its own renewable energy projects at the Indian archipelago of Lakshadweep, with an eye on coupling the projects with battery energy storage.
Pakistan’s National Electric Power Authority (NEPRA) has received a tariff request from project developer Aasal Solar Power for a 49.5MW solar project at Luni, Kulachi, Khyber Pakhtunkhwa (KPK).
Lightsource BP has announced the appointment of Kevin Smith as CEO for the Americas, with the renewable-energy industry veteran tasked with helping lead Lightsource BP’s expansion across the region.
Silicon wafer furnace to downstream PV power plant owner, Beijing Jingyuntong Technology Co (JYT) has reported its PV power plant capacity in 2018 totalled 1,239.11MW, an 18% increase over the previous year.
JinkoPower has connected a 100MW solar plant to the grid in Mexico using 1500V smart solution from China-based firm Huawei integrating inverters and transformers.
