An Asian consortium involving China-based PV manufacturer and developer JinkoSolar and Japanese conglomerate Marubeni Corporation has submitted the lowest ever bid for solar PV capacity in Abu Dhabi, standing at US$0.0242/kWh.
Solar panel manufacturers that fail to keep up with emerging technology trends will be under tremendous pressure in 2017, according to host of their peers at SPI 2016.
The average severity of insurance claims from the solar PV industry has increased by 87% over the past five years often as a result of extreme weather, according to new research from renewables insurance specialist GCube Underwriting.
Dubai-based solar financing company Adenium Energy Capital and California-based renewables firm RAI Energy International have started commercial operation of a 20MW solar PV project north of Amman in Mafraq, Jordan.
According to Deutsche Bank’s US market analyst Vishal Shah, strong PV manufacturing capacity expansion growth in the second half of 2016 and 2017 is expected to lead to a global 16% solar module oversupply through the period.
The Feed-in-Tariff (FiT) for Egyptian solar power projects has fallen for 500kW-20MW projects and 20-50MW projects, according to an announcement by electricity minister Mohamed Shaker at a press conference on Tuesday.
Switzerland-based clean energy provider meeco Group has formed a joint venture with Zimbabwean electricals manufacturer Powerspeed Electrical to build clean energy projects in Zimbabwe.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in July and August, 2016 highlight the industry fears over a new period of overcapacity across the supply chain after explosive growth plans announced in the first half of 2016.
