Subsidiaries of GCL New Energy Holdings have selected Xi’an Datang Electric Power Design and Research Institute to provide EPC services for 165 MW of solar capacity at three sites in China.
Report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the U.S.
Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.
A few days after reporting on Jordan’s largest net metering PV system of 17 MW capacity, it appears that a new system of just 500 KW less capacity is also under way. Jordan’s commercial net metering PV sector appears to be on an encouraging upward trajectory.
Minnesota installed 203 MW-DC of solar during the first quarter, adding to 207 MW deployed in 2016. The state is expecting to reach more than 800 MW of installed capacity by the end of this year.
The 7.21 GW of fresh capacity that was completed in the January-March period marks an increase of just 70 MW from the first three months of 2016, according to the National Energy Administration (NEA).
The European Commission has approved three initiatives of the French government aimed at supporting renewable energies. One of these is the new regulation for residential and commercial PV, which includes a 20-year FIT for power injected into the grid.
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.
The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.
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