JP Morgan’s majority-owned multinational independent power producer (IPP) Sonnedix has brought online a 38.7MW PV plant in southern Japan, while an analyst has said the country’s solar industry continues to target cost reductions to bring it in line with global levelised cost of energy (LCOE) figures.
Government orders state, local and police reps to ensure staff are allowed to work at offices and access installations, the latest green energy reprieve by a country facing steep 2022 targets.
Government approves previously floated plans to allow renewable developers to invoke ‘force majeure’ clauses to win more time as virus continues to disrupt PV supply chains.
Reports indicate the state-owned utility intends to invest CNY23 billion (US$3 billion) in the hybrid plant, set to come online in 2021 and produce 400,000-500,000 tonnes of hydrogen per year.
Analyst tells PV Tech the low tariff ceiling (INR 2.65) set for tender in Indian state is thought to be a major issue amid heightening uncertainty from coronavirus.
Masdar, EDP, Engie, Ib Vogt, JinkoSolar, Lightsource BP and Scatec Solar among dozens of firms submitting EOI for Sherabad project, the first of ADB-backed 1GW series.
Major solar inverter supplier Sungrow has signed a 100MW deal with Japanese company YUASA, aimed at addressing solar and energy storage needs in the changing landscape of Japan’s renewable energy market.
