Spanish independent PV power producer Sonnedix has secured the non-recourse refinancing of a portfolio of 12 solar plants in Spain with a total installed generation capacity of 30.4MW. The total value of the refinancing is approximately US$165 million.
Researchers at EPFL’s Photovoltaics Laboratory and the CSEM PV-center have reported a record tandem junction solar cell with conversion efficiencies of 25.2%, using a standard monocrystalline cell and an evaporation and spin-on process to fully coat the structure.
Oslo-headquartered clean energy firm Scatec Solar has signed agreements to build two solar PV projects with capacity of 33MW and 50MW in the Cherkassy region of Ukraine.
Solarcentury has formed a partnership with German solar and wind energy operator Encavis to develop one of the largest PV projects to date in the Netherlands.
Hive Energy and Wirsol’s bid to build a 350MW solar farm on the Kent coast has entered a second phase of consultation, with the duo now expecting final approval in 2020.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and energy storage.
According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
