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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Solar power in Bolivia
German company Deea Solutions GmbH has been awarded a contract for the design of a solar energy plant to be installed in the southwestern Bolivian region of Oruro, the Andean nation’s hydrocarbons and energy minister said Thursday. The company will conduct a study between March and August to determine the exact location for the 20 … Continue reading Solar power in Bolivia
Continue readingApple in big solar power deal with First Solar for a photovoltaic plant
Apple will buy about $850 million of solar power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time. The First Solar Inc (FSLR.O) photovoltaic plant, with the capacity to power the equivalent of … Continue reading Apple in big solar power deal with First Solar for a photovoltaic plant
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China takes over lead from Europe in 2013 photovoltaic installations
A booming photovoltaic market in Asia has propelled China to a global leader in photovoltaic energy installations in 2013, according to the latest edition of the JRC’s PV Status Report. The EU has retained its domination in cumulative installed capacity – its total of 80.7 GW represents a 57 % share of the world’s … Continue reading China takes over lead from Europe in 2013 photovoltaic installations
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Total, SunPower build 70 MW photovoltaic solar power plant in Chile
Total and SunPower Corp. announced the completion of the 70 MW PV Salvador solar energy project. PV Salvador power plant is expected to produce nearly 200 GWh of solar energy per year, enough to supply electricity to about 70,000 households in Chile. SunPower designed and constructed PV Salvador. At the 341-acre site, SunPower installed SunPower … Continue reading Total, SunPower build 70 MW photovoltaic solar power plant in Chile
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Etrion Announces Update on Solar Power Projects in Chile With 99 MW
Etrion Corporation (“Etrion” or the “Company”), a solar independent power producer, announces an update to its solar photovoltaic projects in Chile. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am very pleased with the significant progress our Chilean team has achieved to date in construction and development. Etrion is one of the early … Continue reading Etrion Announces Update on Solar Power Projects in Chile With 99 MW
Continue readingHanwha to supply 80 MW photovoltaic (PV) to solar energy project in Chile
Hanwha SolarOne Co., Ltd. (the “Company”, or “Hanwha SolarOne”), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, announced it has signed a deal with a leading photovoltaic (PV) developer for the supply of 80 megawatts (MW) of solar PV modules to a project in the Antofagasta Region, Chile. The solar installations will be … Continue reading Hanwha to supply 80 MW photovoltaic (PV) to solar energy project in Chile
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Quarterly solar photovoltaic (PV) demand in the Asia-Pacific (APAC) region is forecast to reach the 10 gigawatt (GW) level for the first time in Q4’14
According to the latest Solarbuzz Asia Pacific Major PV Markets Quarterly report, annual APAC PV demand in 2014 is forecast to grow 19% Y/Y, driven mainly by a year-end installation rush in China, as well as strong growth in Japan. Overall, APAC PV demand is forecast to continue growing and to maintain shares in global … Continue reading Quarterly solar photovoltaic (PV) demand in the Asia-Pacific (APAC) region is forecast to reach the 10 gigawatt (GW) level for the first time in Q4’14
Continue readingEnel Green Power : Three new Photovoltaic Solar Energy Plants in Chile
Enel Green Power has completed two new photovoltaic plants in Chile, Lalackama and Chañares, that are now linked to the grid and the company has brought the final 4 MW of Diego de Almagro online. The solar parks, located in the regions of Antofagasta and Atacama, with an overall installed capacity of 136 MW, required … Continue reading Enel Green Power : Three new Photovoltaic Solar Energy Plants in Chile
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GE Energy Financial Services, Pacifico Energy to build second solar photovoltaic PV project in Japan
GE unit GE Energy Financial Services is continuing its expansion into the Japanese solar photovoltaic (PV) market. GE Energy Financial Services is continuing its expansion into the Japanese renewable energy power market, completing its second solar project financing transaction with Pacifico Energy, a Tokyo-based utility-scale solar project developer and subsidiary of Virginia Solar Group. GE … Continue reading GE Energy Financial Services, Pacifico Energy to build second solar photovoltaic PV project in Japan
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Acciona starts up the photovoltaic plant with the highest production in Africa
Acciona Energía has put the Sishen solar photovoltaic plant into service. With its 216 gigawatt-hours (GWh) of electricity generation per year, it will have the highest level of production of all the plants that are operational in Africa. ACCIONA holds a majority stake in the plant, the first photovoltaic facility built by the company in … Continue reading Acciona starts up the photovoltaic plant with the highest production in Africa
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New photovoltaic (PV) world record: Solar cell efficiency at 46%
A new world record for the direct conversion of sunlight into electricity has been established. The record multi-junction solar cell converts 46 % of the solar light into electrical energy and was developed by Soitec and CEA-Leti, France, together with the Fraunhofer Institute for Solar Energy Systems ISE, Germany. Multi-junction cells are used in concentrator … Continue reading New photovoltaic (PV) world record: Solar cell efficiency at 46%
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Solar photovoltaic (PV) will more than treble from 135.66 Gigawatts (GW) in 2013 to 413.98 GW by 2020
The global cumulative installed capacity of solar photovoltaic (PV) modules will more than treble from 135.66 Gigawatts (GW) in 2013 to 413.98 GW by 2020, according to research and consulting firm GlobalData. The company’s latest report* states that emerging economies in Asia-Pacific, South and Central America and the Middle East and Africa are expected to … Continue reading Solar photovoltaic (PV) will more than treble from 135.66 Gigawatts (GW) in 2013 to 413.98 GW by 2020
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Japan exploiting renewable energy to address shortage
Japan, an industrialized country but extremely resource poor, has put a great deal of attention on developing new and renewable energy over the years, with the latest case being in Okayama Prefecture where the construction of the biggest solar power plant was launched on Friday. A total of 920,000 solar panels will be installed … Continue reading Japan exploiting renewable energy to address shortage
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Etrion completes construction of 70 MW solar energy plant in Chile
Etrion, a solar independent power producer, has constructed the 70MW Salvador project in the Atacama region of Chile. The Salvador project is considered to be the world’s largest solar power plant based on spot market electricity revenues and is the second-largest solar park connected in Chile. Etrion chief executive officer Marco Northland said: “The … Continue reading Etrion completes construction of 70 MW solar energy plant in Chile
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EGP wins 344 MW of renewable energy in Brazil, including wind energy and solar PV
The “Ituverava” and “Delfina” projects require a total investment of approximately 600 million US dollars to build. The award of new capacity marks a further step forward in Enel Green Power’s growth strategy for Latin America. Following the “Leilão de Reserva” public tender in Brazil, Enel Green Power has been awarded the right to … Continue reading EGP wins 344 MW of renewable energy in Brazil, including wind energy and solar PV
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Brazil’s first solar power auction to clear 500 MW
Brazil will take its first leap into commercial solar power generation on Friday with a rights auction of at least 500 megawatts of new solar energy plants, adding a new energy source as a drought reveals the danger of depending on hydropower. Sun-kissed Brazil has one of the highest solar radiation factors in the … Continue reading Brazil’s first solar power auction to clear 500 MW
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Enel Green Power Begins Work on New Photovoltaic Plant in Chile
Enel Green Power has started work on the construction of Lalackama II, the company’s fourth photovoltaic plant in Chile. With a capacity of 19 MW, once fully up and running, the Lalackama II plant will be capable of generating over 50 GWh per year, equivalent to the power consumption needs of about 30,000 Chilean households, … Continue reading Enel Green Power Begins Work on New Photovoltaic Plant in Chile
Continue readingGlobal Photovoltaic Demand Hits Quarterly High, Pushing Cumulative Deployment to 200 GW
Global solar photovoltaic (PV) installations added during Q4’14 are forecast to exceed 19.5 gigawatts (GW), pushing global cumulative PV deployment toward the 200 GW mark. The amount of solar PV deployed in Q4 is forecast to be equivalent to the energy supplied by five large-scale nuclear power plants and will surpass the total annual solar PV deployed … Continue reading Global Photovoltaic Demand Hits Quarterly High, Pushing Cumulative Deployment to 200 GW
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Photovoltaic (PV) Market will grow to 65.6 GW in 2019, led by China
After most of the solar industry spent 2012 mired in a competitive, bankruptcy-laden, high-pressure cost environment, 2013 proved to be a rebound year. Module supplier margins increased, with most tier-1 suppliers topping 10% towards the end of the year and early 2014 despite oversupply remaining somewhat rampant. Globally, 37.5 GWp of new installations were deployed … Continue reading Photovoltaic (PV) Market will grow to 65.6 GW in 2019, led by China
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