According to official figures released by China’s National Energy Administration, new solar capacity installations in the third quarter of 2019 slumped to only 4.6GW under new support mechanisms that were implemented mid-year.
Historically, the International Energy Agency’s (IEA) global solar market forecasts have seriously downplayed actual annual installation figures and as such should come with a warning notice to that fact.
TerraForm Power has signed off on an agreement with AltaGas that will see TerraForm acquire a high-quality, unlevered distributed generation platform with up to 320MW of capacity in the US. The total purchase price for the DG assets was US$720 million.
WoodMac: Solar will play key role as microgrids more than double by 2024 on US island territory, helping mend a grid decimated by hurricane Maria in 2017.
Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.
Builder of first utility-scale projects and local association signal faith that like-minded government and supportive policy will clear way for renewable revolution.
President Duque and Minister Suárez attend opening of Enel’s 86.2MW El Paso farm, the first PV project to secure contracts through reliability auction programme.