China added 10.6 gigawatts (GW) of solar power capacity in 2014, accounting for one fifth of the world total, as the energy-hungry country plans to increase its share of non-fossil fuels, authorities here said today. China’s cumulative installed capacity for solar photovoltaic (PV) power reached 28.05 GW by the end of 2014, up 60 per … Continue reading China adds 10.6 GW solar power capacity in 2014
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Enel Green Power (EGP) has begun construction on three plants in South Africa
Enel Green Power (EGP) has begun construction on three photovoltaic plants (Aurora, Paleisheuwel, Tom Burke) in South Africa. With an installed capacity of 82.5 MW, the Aurora photovoltaic plant, located in the Northern Cape Province, will be capable of generating more than 168 GWh per year once up and running. This output corresponds to … Continue reading Enel Green Power (EGP) has begun construction on three plants in South Africa
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Ghana plans 100 MW solar energy plant
West African based renewable energy company Home Energy Africa is conducting feasibility studies to construct a $200 million (ZAR2 billion) solar power plant in Nyinbali in the Ndowli-Kaleo district, Ghana. The utility-scale power project is expected to generated 100MW of solar power that will be sold to the Electricity Company of Ghana (ECG) to … Continue reading Ghana plans 100 MW solar energy plant
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Indian Solar Energy Installations Totaled 883 MW in 2014
Indian solar power installations in calendar year 2014 totaled 883 MW, down 12 percent compared to 1,004 MW installed in 2013. Mercom’s 2015 forecast is unchanged at approximately 1,800 MW with some upside. The Indian solar industry remains positive as solar programs are being announced with increased frequency and the installation goal continues to … Continue reading Indian Solar Energy Installations Totaled 883 MW in 2014
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Sierra Leone first solar power plant
A significant milestone in the Energy Sector transformation was achieved when Ambassador Henry Macauley signed a medium term Memoranda of Understanding (MoU) with Sinohydro Corporation Limited of China at the Sierra Leone Embassy in Abu Dhabi, last Thursday. The move is in line with the medium term energy sector strategy presented by the Ministry last … Continue reading Sierra Leone first solar power plant
Continue readingChina builds Solar Power Photovoltaic in desert
China is building a huge photovoltaic (PV) solar power generation base in the Ulan Buh Desert, the country’s eighth largest desert, to boost new energy development. The base is located in Dengkou County in north China’s Inner Mongolia Autonomous Region. A number of energy companies are expected to invest 4.9 billion yuan (797 million … Continue reading China builds Solar Power Photovoltaic in desert
Continue readingACWA Power Gets $344m Loan For Dubai Solar Energy Project
Saudi Arabia’s ACWA Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday. The 27-year amortising loan with an interest rate of four per cent is being provided by Abu Dhabi’s First Gulf Bank and two Saudi … Continue reading ACWA Power Gets $344m Loan For Dubai Solar Energy Project
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Acciona goes back to black ink
After a €1,972 million loss in 2013, ACCIONA returned to profit in 2014 with attributable net earnings of €185 million, thanks to its 2013-2014 Action Plan, which was implemented to mitigate the effects of regulatory reforms in the Spanish energy sector. ACCIONA is cautiously optimistic about its business environment following the achievement of the objectives … Continue reading Acciona goes back to black ink
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India approves 15,000 MW solar power projects
The Union Cabinet on Wednesday greenlighted the setting up of 15,000 MW of grid-connected solar power projects through NTPC and its subsidiary NTPC Vidyut Vyapar Nigam Ltd (NVVN). The scheme will be implemented in three tranches. In the first, 3,000 MW will be set up by bundling solar power with unallocated coal-based thermal power at … Continue reading India approves 15,000 MW solar power projects
Continue readingSolar power set to become cheapest source of energy over next decade
Solar photovoltaic prices have fallen by 80 per cent since 2008. In 2013, commercial solar power cost the same to produce as other sources of electricity in Italy, Germany and Spain, and is expected to do so soon in Mexico and France. Solar energy is set to become the cheapest source of electricity in many … Continue reading Solar power set to become cheapest source of energy over next decade
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Photovoltaic solar energy in Panama
Panama confirms 80MW of installed PV solar capacity as the country moves to diversify its power matrix. 2014 closed as the year that Central American governments increased their interest in renewable energies. The authorities in the region know the potential of solar energy, the cost has decreased and is now a feasible solution that can … Continue reading Photovoltaic solar energy in Panama
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Photovoltaic industry shipments grew by 15% in 2014 over 2013 to 39.3-GWp from 34.0-GWp
PV industry shipments grew by 15% in 2014 over 2013 to 39.3-GWp from 34.0-GWp the previous year, according to the IDTechEx/SPV Market Research annual supply report Photovoltaic Manufacturer Shipments: Capacity, Production, Prices and Revenues to 2019. Supply side inventory was 1.1-GWp at the end of 2014 and demand side inventory decreased by 400-MWp to 2.4-GWp. … Continue reading Photovoltaic industry shipments grew by 15% in 2014 over 2013 to 39.3-GWp from 34.0-GWp
Continue readingE.on sells 49-MW photovoltaic solar energy business in Italy to F2i
E.ON has sold its Italian solar business to the private infrastructure investment fund manager F2i SGR. F2i has an impressive track record in the solar business in Italy and is committed to the long-term future of the business. The activities sold comprise a total generating capacity of 49 megawatt and consist of seven ground mounted … Continue reading E.on sells 49-MW photovoltaic solar energy business in Italy to F2i
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Enel Green Power will build two solar photovoltaic power plants in Brazil
Enel Green Power (EGP) has begun construction on two new photovoltaic plants in the municipality of Tacaratu, Pernambuco State, in northeast Brazil. EGP already owns and operates in the same area the 80 MW “Fontes dos Ventos” wind farm and both solar plants, once completed, will be combined with it. With a total installed capacity … Continue reading Enel Green Power will build two solar photovoltaic power plants in Brazil
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Jordan awards 200 MW renewable energy projects, wind power and photovoltaic
Jordan has awarded a total of 200 megawatts (MW) to project developers, including a 52.5MW solar photovoltaic project, as part of its first renewable energy tender, according to a report. The power purchased agreement for the 52.5MW Shams Ma’an project was signed between the project developers and the National Electric Power Company (Nepco) of Jordan, … Continue reading Jordan awards 200 MW renewable energy projects, wind power and photovoltaic
Continue readingMicro grid solar energy plants in Fiji
Foreign Minister Shaikh Abdullah bin Zayed Al Nahyan on Wednesday inaugurated a solar photovoltaic micro grid project that brings clean energy to some of Fiji’s outer islands. The solar plants, constructed by Abu Dhabi’s renewable energy company Masdar, have combined total capacity of 555 kilowatts (kW) and will provide more than 40 per cent of … Continue reading Micro grid solar energy plants in Fiji
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India’s 100 GW Solar Power Target Could Create 1 Million Jobs by 2022
Delhi is abuzz as the first renewable energy-financing summit organized by the Indian government, RE-Invest 2015, wrapped up today with commitments totaling a whopping 266 GW of renewable energy in the next 5 years. For context of the magnitude of these commitments, the country currently has about 250 GW of total installed power from all … Continue reading India’s 100 GW Solar Power Target Could Create 1 Million Jobs by 2022
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Japan’s solar power photovoltaic (PV) shipments in Oct-Dec 2014 at 2,239 MW
Sales of solar cell modules in Japan rose 10 percent to 2.29 gigawatts in October-December from a year earlier, industry data showed on Tuesday, bolstered by a government scheme to encourage renewable energy. But the quarterly shipments fell about 6 percent from 2.39 gigawatt in the July-September quarter, according to data provided by the … Continue reading Japan’s solar power photovoltaic (PV) shipments in Oct-Dec 2014 at 2,239 MW
Continue readingChina’s solar power photovoltaic (PV) capacity raises 60pc to 28 GW in 2014
Photovoltaic (PV) systems and Photovoltaic (PV) solar power-generating stations established and connected to power grids in China in 2014 had a total installation capacity of 10.60GWp, taking up 25% of the global total, according to China’s National Energy Administration (NEA). China raised its total grid-connected solar power capacity to 28.05 gigawatts (GW) in 2014, up … Continue reading China’s solar power photovoltaic (PV) capacity raises 60pc to 28 GW in 2014
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Photovoltaic reduces costs
China’s large PV market share is mostly involved with technologies that are well-established. Many PV module manufacturers have the ability to buy turnkey production lines. And while China’s PV manufacturers get a lot of respect for what they do, their well-established product dumping policies result in production with not a lot of gross margin, if … Continue reading Photovoltaic reduces costs
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