Projects

‘Silicon Module Super League’ (SMSL) member Canadian Solar has converted a previous auction bid success to a signed Power Purchase Agreement (PPA) for the 63MWp solar power plant in Aguascalientes, Mexico.

Toshiba has won an EPC contract to build a 33.5MW solar PV project in Kimitsu, Chiba prefecture, Japan, from Thailand-based firm Gunkul Engineering.

A radical Saudi Arabian government reshuffle reaffirms its 9.5GW renewable energy target by 2023, according to the Apricum Cleantech Advisory.

Northern Ireland-headquartered renewable energy firm DP Energy has received approval to develop a AU$680 million (US$519 million) major renewable energy park in South Australia involving wind and solar capacity.

Indian firm Gujarat Industries Power Company (GIPCL) has signed power purchase agreements (PPAs) with Solar Energy Corporation of India for 80MW of solar projects in Gujarat, according to a BSE filing.

India’s Ministry of Shipping is planning 83MW of solar PV installations at the country’s 12 major ports.

New Jersey utility Public Service Electric and Gas Company (PSE&G) plans to extend its Solar 4 All Program by building 100MW of solar PV on landfill sites in New Jersey.

India hit 7,805MW of solar PV on 30 June this year, according to figures from the Ministry of New and Renewable Energy (MNRE).

Leading CdTe thin-film producer First Solar is undergoing a mid-year restructuring that includes cost cutting activities that should generate a US$2 billion balance sheet cushion against changing solar business dynamics and a looming revenue and shipment hole facing the company in 2017.

With First Solar’s revenue and shipment guidance unchanged and basically locked-in for 2016, despite solar industry dynamics becoming increasingly fluid, filling demand for 3GW of thin-film module capacity in 2017 has become a priority for management as a rather large hole in bookings is proving difficult to fill.