Solar projects larger than 20MW will be able to compete with wind for state support at tech-neutral tender, the latest for country hoping to reach 7.7GW of installed PV by 2030.
Purchase of 22 contracted and operational projects across three US states is the latest in a series of PV acquisitions by the London-listed investment firm.
Firm expects storage and PV installs to grow ‘at least 50%’ this year after 2019 results show last year was stellar for storage but less so for PV, despite the latter’s stronger H2 2019.
PV Tech visits Huanghe Hydropower Development Co (HHDC) in Qinghai, China, to identify the driving factors behind the energy giant’s solar push which has seen it take the mantle as the world’s largest PV plant operator.
China-based PV and glass manufacturer, Changzhou Almaden Stock Co Ltd was recently forced to declare that it was supplying Tesla with glass encapsulated solar roof tiles, due to abnormal fluctuations in its stock traded on the Shenzhen Stock Exchange.
Italian media are reporting arrests have been made after a probe launched into how a huge number of solar panels earmarked for recycling were subsequently re-labelled and sold to some unspecified African countries.
New affiliate Cardinal Renewables will acquire solar projects that venture partner Alchemy Renewables will then manage, operate, maintain and place tax equity financing for.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.
Think tank warns in pre-budget submission paper that government agency – which has no funding beyond 2021-2022 – will run out of money for new projects by mid-2020.
