A loan of $64 million was awarded by French development bank Proparco and Dutch peer FMO. The facility will deliver electricity to the Jamaica Public Service Company Limited at a price of $85/MWh over 20 years.
Demand for rooftop solar continues to be high as only around 26.5 MW of additional capacity in April came from ground-mounted PV. FITs for installations up to 750 kW in size will remain flat in June.
The new inverter was developed in the HV-SiC project under the Future Electricity Grids funding program financed by the German Federal Ministry of Education and Research (BMBF). The inverter can regulate power currents of up to 10-15 kV more than ten times higher than regular silicon inverters. Fraunhofer says this makes new system architectures for power grids and plants conceivable.
At the end of the week the production line of the insolvent German PV manufacturer will be closed down. Its insolvency administrator wants to continue paying salaries until the end of September, as he sees good prospects for the acquisition of Solarworld’s cell production facilities.
The Vale de Moura scheme – backed by French investment firm Natixis – will sell electricity to Axpo Ibéria under a 10-year PPA
The nation’s largest solar plant – of 54 MW – has achieved financial close and tenders for plants exceeding 100 MW are in the pipeline
Utility-scale PV is part of the state-run company’s new strategy to raise renewable power production. Lietuvos Energija wants 3 GW of renewable assets in Lithuania and abroad by 2030
Through the Piattaforma Performance Impianti, developed by energy agency GSE, owners of PV plants above 1 MW in size will be able to conduct geo-analytical comparative analysis between projects while visualizing performance levels and sharing best practice
British developer Elgin Energy has received approval from the Scottish government for a scheme it says will be Scotland’s largest solar plant. The site for the project is a former RAF airfield near the town of Elgin, in northern Scotland
The news comes after Suntech recently announced a separate 116 MW module supply deal, with both orders related to Egypt’s mega Benban complex
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