PV plant

A source close to the company has told pv magazine although there are investment funds and utilities interested in buying the renewables business, an IPO for the entity has not been excluded.

The Fresher project, funded by the EU’s European Maritime and Fishery Fund, aims to develop better and cheaper mooring and anchoring systems for floating solar. The initiative is backed by Portugal utility EDP, which has recently begun to install floating projects.

The Italian oil and gas provider has signed a concession agreement with the government of the African oil country to build a 50 MW solar plant. The project is expected to be in the province of Namibe and will be part of the nation’s plan to deploy 600 MW of solar by 2022.

The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.

The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.

The successes and benefits of distributed micro-grids depend largely on intelligent controllers and the solutions on offer for such systems are diverse. In our market survey, we take a closer look at the products available from 24 manufacturers.

Italy’s main solar event, the Key Energy fair held in Rimini, demonstrated the continuing importance of rooftop PV for Italian renewables but also promised a gradual return for large scale solar. Industry insiders are hoping for at least one gigawatt of solar next year, on top of a projected 600 MW this year.

A new handbook published by the World Bank and Solar Research Institute of Singapore contains advice on how to plan and build floating PV. The guide is intended to help developers with site identification; feasibility studies; finance; environmental and social issues; procurement and construction; and operations and maintenance.

The module maker has started producing solar modules at its fab in Liebenfels.

Spanish researchers have discovered a material said to offer radiative cooling and self-cleaning of devices which undergo critical heating during operation, such as PV panels. The thermal emitter enabled the scientists to lower the daytime temperature of silicon wafers by 14 degrees Celsius.