The 5 MW Mobilong Solar Farm will run on a fully merchant offtake arrangement over its 30-year lifetime.
Research on bifacial solar panel performance has moved performance analysis closer to a standardized practice than ever before. More field tests are underway across the United States, and the first waves of data are expected this year. These tests will help standardize a predictive model for bifacial projects that is bankable.
China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.
While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.
Australia’s first large-scale project to use pumped hydro to store solar generated power, the Kidston facility in north Queensland, has landed a $610 million loan from the Federal Government’s the Northern Australia Infrastructure Facility (NAIF).
Chinese PV module maker and project developerRisen Energyis pushing its 132 MW Merredin Solar Farm in WA’s Central Wheatbelt towards full scale installation. The company is hungry to meet its ambitious goal to develop 2 GW of large-scale solar PV projects in Australia.
With a glut of solar capacity having come online this year, cheaper financing would help keep some of that momentum but policymakers cannot be persuaded of the economic benefits of clean energy unless state-owned utility EVN opens up.
China’s slowdown in installations last year was more than made up for by expansion elsewhere, according to IHS Markit. The news comes amid increasing market fragmentation – with the biggest engineering, procurement and construction business boasting less than 3% market share – and internationalization, with almost half of the top 15 companies operating across more than one region.
Norwegian consultancy Rystad Energy has placed Australian and Vietnamese solar markets side by side and found the Southeast Asian country has left Australia behind in terms of commissioned utility-scale PV capacity. A staggering 4,460 MW of connected PV capacity in Vietnam at the end of June came as a surprise to many.
Far North Queensland is looking set for another large-scale solar farm as the Tablelands Regional Council approved the development of a 81 MW solar PV facility near the town of Tolga in the Atherton Tablelands.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.