Solar Energy International News

German Govt Funds Study on Economic Viability of Floating PV

The German Federal Ministry for Economic Affairs and Energy is funding a research project to develop the technology of floating PV systems and investigate its economic viability. The government is partnering with the Fraunhofer Institute for Solar Energy Systems ISE and the Brandenburg University of Technology Cottbus-Senftenberg to carry out the so called “PV2Float project.” Floating PV systems […]

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Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm

Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its “Andes Renovables” wind and solar platform in Chile. The  US$182 million in debt raised will be used to build the “Copihue” phase which consists of one wind farm, named Camán, located in central Chile. The […]

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Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia

China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […]

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PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain

Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […]

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Lightsource bp Invests in 703 MW Spanish Solar Projects

Europe’s largest solar developer Lightsource bp has invested 475 million euros (USD 566 million) to acquire a pipeline of three solar projects in Spain from Spanish company Grupo Jorge. The three projects totaling 703 MW are located in Aragon. Aragon is a landlocked region in northeastern Spain comprising the provinces of Huesca, Zaragoza, and Teruel. […]

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China PV Assn Head Declares 600W Panels Key To Carbon Neutrality

Gao Jifan, the honorary President of the China Photovoltaic Industry Association, and also Chairman of Trina Solar, said that the high power 600W+ PV industry will play a critical role in helping China achieve its goals of achieving a CO2 emissions peak by 2030 and carbon neutrality by 2060. Gao was speaking at the recently […]

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Chinese Module Maker Yingli Solar Seeks A Comeback

Yingli Solar, which was once the largest manufacturer of solar panels in the world and the first Chinese company to sponsor the FIFA World Cup TM, has announced plans to make a serious comeback. The Hebei province-based firm, which slipped from a peak turnover of over $2.4 billion in 2011 to less than $650 million […]

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Solar Generated Maximum Electricity Among all Renewables in Australia

Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […]

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First Solar to Expand Its US Manufacturing Capacity by 3.3 GW

The leading American manufacturer of solar panels and PV power plants, First Solar Inc. has announced its plans of expanding its American domestic photovoltaic (PV) solar manufacturing capacity by 3.3 GWDC (gigawatt direct current) annually, with an investment of USD 680 million. This investment is representing an implied capital expenditure of approximately USD 0.20 per […]

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