Multinational oil company Shell is reportedly assessing the viability of a planned 250 MW solar power plant in the Western Downs region of Queensland, Australia, having received approval for the project from the local council.
Information from the latest edition of GTM Research’s Global Solar Demand Monitor shows that solar’s globally installed capacity is rapidly catching up with that of nuclear, and that solar could in fact grow to more than double nuclear’s current capacity within the next five years.
PV investor G Three Holdings has revealed plans to sell one third of two 50% stakes it holds in two ventures that are building 98 MW of solar capacity in northeastern Japan.
The Spain based multi-national is building two projects in Mexico with a total capacity of 270 MW. Both projects are expected to be operational by the end of 2018.
The state government of Victoria has launched a tender for 650 MW of solar and wind capacity — which it claims is the biggest renewables auction in Australia — in support of fresh legislation that will set new renewables targets through 2025.
SMA has announced the completion of contracts for the operation and maintenance of two solar power plants in Chile. The plants are owned by Atlas Renewable Energies, and have a combined capacity of 180 MW. The plants include both SMA inverters and those of other manufacturers.
Based on new data from China’s National Energy Administration (NEA), Asia Europe Clean Energy Associates (AECEA) has raised its forecast for PV installations in China for 2017. AECEA now expects to see 40-45 GW installed in China before the year end.
China Singyes Solar Technologies will likely post a sharply lower profit in the first half of 2017 than it did during the same period a year earlier, partly due to a lack of disposal gains on its solar projects.
Smart Solar has started constructing a 34.45 MW solar project in southwestern Japan, as part of a broader JPY 12 billion ($109.8 million) plan that could expand to a total of 54 MW of PV capacity.
The large-scale project will be owned and developed by IBC solar in Odisha.
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