The US’ two leading states in solar and energy storage, New York and California, have taken steps towards valuing the locational and time-of-use value of distributed energy resources and other states should follow, the Solar Energy Industries Association (SEIA) has said.
Saudi Arabia plans to tender seven solar projects with a combined capacity of 3.3GW during 2018, according to a statement from Turki Al Shehri, head of the country's Renewable Energy Project Development Office (REPDO), confirming news from Bloomberg earlier this week.
Independent power producer ACWA Power expects to see a 2% yield improvement following the installation of Huawei’s FusionSolar Smart PV Management System.
Shell Energy Europe has signed an initial five year power purchase agreement (PPA) with British Solar Renewables (BSR) to take power generated at England’s largest solar farm at RAF Lyneham.
The Palestine Investment Fund (PIF) and the Palestinian Ministry of Education and Higher Education (MoEHE) have signed off on an agreement to install solar power systems on the rooftops of 500 public schools.
Origis Energy and Reedy Creek Improvement District have signed off on a power purchase agreement (PPA) for a 50MW solar facility to be constructed in Orange County, Florida.
Bloomberg New Energy Finance (BNEF) is forecasting global PV demand in 2018 to be at 107GW, up from its estimate of 98GW in 2017. However, BNEF has given the largest single market China a wide installation range after its massive underestimation last year.
The new chairman of the Global Solar Council (GSC), Gongshan Zhu the founder, chairman and largest shareholder in the largest group of affiliated companies in the solar industry, GCL Group wants its members to raise between US$3 billion and US$5 billion for a new foundation to fund PV power plant projects as part of China’s ‘One Road and Belt’ business initiative.
