An Australian utility has increased its solar feed-in tariff (FiT) rates to ensure the benefits are not eroded by increasing wholesale electricity prices.
The rapid uptake of rooftop solar in southwest Australia is shifting peak demand periods to later in the day as the sun sets, according to analysis from the Australian Energy Market Operator (AEMO).
China-based PV manufacturer GCL System Integration Technology (GCL-SI) has broken its own solar cell average efficiency for its self-developed PERC cells in mass production by utilizing Reactive Ion Etching (RIE) technology - reaching 20.6% from 20.1% in February.
UK alternative investment firm Ingenious has teamed with Australian developer Stellata Energy for a landmark joint venture to develop large-scale solar energy in Australia, including a flagship 120MW ground-mounted project.
Australia’s chief scientist Dr Alan Finkel has delivered his major energy review to the Australian government recommending various changes that will impact the solar PV sector.
Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.
Manila-based bank, the Asian Development Bank (ADB) is partnering with governments, communities and the private sector to support clean energy projects in the Pacific region.
A consortium of international chambers of commerce has advised the Vietnamese government that its draft solar PPA template is “non-bankable” and cannot attract financing for PV in Vietnam, particularly for medium and utility-scale projects, according to documents seen by PV Tech.
A 100MW AC (125MW DC) solar farm project in Australia will be sold by global utility-scale solar developer FRV (Fotowatio Renewable Ventures), to two investment groups.
