A 64 MW scheme in the Dominican Republic is the country’s first solar park. German developer Wirsol said the Republic’s president personally selected it to plan the project in Monte Plato province.
M/s Table Rock Associates (TRA) signs letter of intent with Pakistan’s Alternative Energy Development Board (AEDB) to construct a 100 MW PV power plant in the countrys Punjab province.
The Asian Development Bank hopes its first venture into smal scale investment will encourage private equity groups to come forward. Indian solar company Simpa has secured $2 million and hopes to have 63,000 customers by 2015.
On Friday, Peru’s mining and energy regulator will begin offering invitations to developers for the installation of 500,000 PV systems throughout the country.
The Chinese solar group is looking to attract investment Stateside, which it may use to expand manufacturing capacity and solar project development. At the company’s current share price, the offering could bring in more than $200 million.
The manager of a German PV recycling firm has advised manufacturers, importers and distributors not to sign any new disposal contracts before modules are in included in the EU’s electrical waste directive in February.
Pakistan’s first large scale solar project is just part of a race to plug electricity generation shortfalls in the country. The 6.6 GW coal-fired plant at Gadani dominates the race for electricity.
A 3 MW project in Colleton County will be used as a test bed for incorporating solar into the grid. The scheme has been backed by the state’s largest utility, transmission company and consumer-owned electricity co-operatives.
IHS analysis of first half module shipments show a strong rebound in global demand. But analysts warn the boom seen so far this year will slow in the current quarter.
The upcoming World Energy Congress in Daegu, South Korea, will be characterized by unprecedented developments that have redefined the global energy sector, says Christoph Frei, secretary general of the World Energy Council.
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