Commercial and residential solar-plus-storage customers on Long Island will be eligible for payments of US$250 per kWh of storage installed, NY Governor Andrew Cuomo has confirmed.
The largest monocrystalline wafer producer, LONGi Green Energy Technology Co has signed another project investment agreement to build and operate a 5GW PV module assembly plant.
Perovskite solar cell developer, Oxford PV has secured £34 million in new funding for a 200MW heterojunction (HJT) solar cell line from Meyer Burger to start production of perovskite - silicon tandem cells in 2020.
PV Evolution Labs (PVEL) has published the 5th Edition of its PV Module Reliability Scorecard in partnership with DNV GL, which remains the most comprehensive publicly available comparison of PV module reliability test results.
Independent PV power producer, GCL New Energy (GNE), a division of GCL-Poly is selling a 70% shareholding in 19 PV power plants with an installed capacity of approximately 977MW for RMB 1.74 billion (US$251.5 million).
Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.
Free-market success will require accepting merchant risks and even ‘reverse subsidy’ logic of paying for grid access, say developers, investors and utilities gathered at Munich event.
