US developer Leeward Renewable Energy (LRE) has started construction on the 200MW Horizon Solar project near the city of Pearsall in Frio County, Texas.
Sungrow has announced that it will work with Danish EPC BeGreen on its first partnership in Denmark. The project involves the installation of 320MW for a Power Purchase Agreement (PPA) pipeline, all to be integrated with the company’s industry-leading inverters.
ReNew Energy Global witnessed a 27% jump in revenue in its last financial year but saw its net loss almost double on the back of costs associated with its NASDAQ listing.
At a ceremony in Riyadh attended by LONGi and its partner GTek Solar (Green Technology Company), it has been announced that LONGi has been awarded a module supply contract for the 400MW (DC) Rabigh Solar PV IPP project in Saudi Arabia via its EPC contractor, China Energy Engineering Group, Guangdong Power Engineering Company (GPEC).
JinkoSolar has announced that its Malaysian facility has become its first overseas “RE100 factory” through its full-scale use of renewables, 100% of the electricity used in the production and operational activities supporting the factory’s 7GW solar cell and 7GW module capacity being green in nature. This is also China’s first overseas manufacturing facility to be powered entirely by renewables.
High power prices in Europe may be obscuring the impacts of price cannibalisation that threatens the future profitability of renewable energy on the continent, with a ‘belt of doom’ observed in Germany and Spain at risk of 30% cannibalisation rates by 2030.
Solar developer ReneSola Power is looking to expand into further European markets after slowdowns in the US and China contributed to a revenue collapse in its opening quarter.
India has relaxed its rules surrounding the purchase of renewable power, with commercial and industrial consumers allowed to purchase clean power on voluntarily basis, while state distribution company (Discom) customers can demand to be supplied with renewable electricity.
Having witnessed its utility-scale solar boom peak in 2015, the UK is primed for a return to large-scale solar buildout. Liam Stoker explores the pipeline, the drivers and the role of the country’s new energy security strategy in driving new solar deployment.
