U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.
Considering the remarkable advances made by the solar sector since the Rio ‘Earth Summit’ of 1992, PV was notable by its absence at the Convention of Parties climate change summit held by the UN in Poland.
Dutch researchers have come up with a system they claim has a maximum estimation error of less than 10% and which reduces the computational requirements for calculating the output of PV systems in complex environments. The approach is based on the correlation between a skyline’s profile and annual irradiation.
The nation saw 1.3 GW of renewable energy secured for business through private PPAs in 2018, almost twice as much as the volume recorded in Australia, but the picture could change next year if China follows through with its renewable portfolio standard commitment.
The fate of the clutch of 500 MW-plus projects due to break ground this year could determine whether such ambitious schemes have a viable future, says Wood Mackenzie in its solar 2019 forecast. And the Indian market should brace for consolidation, add the analysts, because of aggressive reverse-auction tariff pricing.
At the Vibrant Gujarat Global Summit, HyET Solar will sign a memorandum of understanding with the state to set up a solar module manufacturing facility.
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
The new ‘cerenergy’ system that has been developed in Germany can operate without air conditioning by using vacuum insulation even in extreme temperatures. With no rare earths required for manufacture, the product’s basic material is salt.
Kaco is launching a mass-produced string inverter with silicon carbide switches onto the market following 10 years of discussion about the technology within the industry. In the 100 kilowatt plus segment, the technology produces small, lightweight devices with few components.
As problems with component failure have already laid bare, there is a clear need for contract clarity at every stage of a PV project, from material and component sourcing to power purchase and operations agreements. Here, pv magazine investigates a little covered issue for module buyers, which could threaten insurance coverage and the overall success of a project further down the line.
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