JP Morgan’s majority-owned multinational independent power producer (IPP) Sonnedix has brought online a 38.7MW PV plant in southern Japan, while an analyst has said the country’s solar industry continues to target cost reductions to bring it in line with global levelised cost of energy (LCOE) figures.
State subsidies, development and private capital will bankroll 11 solar plants, 10 wind plants and 80-metre-wide grid in radiation-damaged prefecture, according to local reports.
Saba Electric Company, sole supplier of electricity to the Dutch Caribbean island of Saba, celebrated as the island ran on 100% solar for the first time ever this month, with the switch-on of a solar-plus-storage microgrid.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
New York-based fixed tilt and solar racking manufacturer GameChange Solar has expanded its capital introduction programme to fund solar projects across the US to over US$2 billion of available capital.
The Feed-in-Tariff (FiT) for Egyptian solar power projects has fallen for 500kW-20MW projects and 20-50MW projects, according to an announcement by electricity minister Mohamed Shaker at a press conference on Tuesday.