Americas

A solar power project is likely to register a per kWh price below two US cents at some stage during 2017, according to analysis firm GTM Research.

Spanish energy provider Iberdrola announced that it has commenced construction on a 100MW solar project in the Mexican state of Sonora.

High-efficiency monocrystalline wafer producer Comtec Solar Systems Group reported a net loss of US$146 million in 2016, after previously announced write-down on assets at its Malaysian manufacturing facilities that were being sold leading mono wafer supplier, LONGi Green Energy Technology.

China-based independent PV power producer GCL New Energy (GCLNE) ended 2016 with 87 grid-connected solar power plants with a total capacity of 3,156MW.

Arguing that energy storage is “critical to ensuring a resilient, reliable, cost-effective and sustainable grid”, the Energy Storage Association joined with 52 other organisations to plead the place of storage in the Trump’s administration’s infrastructure priorities.

WEG has bagged an EPC contract to build two solar PV projects of 31.12MW capacity each, being developed by Nordic Power Partners (NPP) at Coremas, Paraiba, in northeast Brazil.

Global PV demand for 2017 could be as high as 85GW according to market research firm GTM.

The Mexican subsidiary of Enel Green Power has begun construction on the 238MW Don José PV plant in San Luis de la Paz, Guanajuato, Mexico.

Utility Florida Power & Light (FPL) will develop a further 1.5GW of solar power plants over the next seven years.

German PV systems integrator Phoenix Solar has reported a return to operating profit for the first time since 2010, with earnings before interest and taxes (EBIT) at €0.6 million (US$0.64 million), up from losses of €1.6 million last year.