UN secretary-general Ban Ki-moon has told a meeting of investors representing US$22 trillion in assets that they must double their investment in clean energy.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a new 500MW automated turnkey module line order from Xinneng Solar.
Developers in India have failed to install 680MW of solar PV projects that were due to be commissioned by December 2015 because of project delays, according to consultancy firm Bridge to India.
‘Silicon Module Super League’ (SMSL) member JinkoSolar has confirmed it has secured a 1GW module supply deal with US-based independent power producer (IPP) sPower.
Multinational developers are winning solar projects in India by bidding at extremely low tariffs to make a beginning in the Indian market, but with little appetite to bid at the same low levels again, according to a prominent industry figure.
Developers in Japan with large-scale PV projects in the pipeline have been given just over a year to prove their projects will go ahead, or will lose their feed-in tariff (FiT).
Indian conglomerate Adani Group and solar developer Azure Power have both been awarded 50MW of capacity with winning bids of INR 4.78/kWh (US$0.07) in the 100MW solar auction in the Indian state of Uttar Pradesh.
