Driven to a greater extent by a “solar boom,” China contributed US$19.9 billion to a global total of US$55 billion invested in clean energy in the third quarter of this year, according to Bloomberg New Energy Finance (BNEF).
Morocco has secured a US$519 million loan from the World Bank to finance the second phase of the 500MW Noor concentrated solar power project near the southern city of Ouarzazate.
A hybrid solar and wind farm with a combined generation capacity of 56MW, built by a consortium of companies including Mitsui Chemical and Toshiba in Japan has begun commercial operation.
The closure of Masdar PV’s a-Si thin-film operations that were announced in May, 2014 has subsequently and inevitably led to the sale of the production line equipment, which will take place in an online auction conducted by Maynards on October 8.
Proposed changes to large-scale PV incentives by UK’s Department of Energy and Climate Change (DECC) has led to a slowdown in installations, forcing market research firm, NPD Solarbuzz to lower its market demand forecast for the country.