Solar Markets & Finance News
EDP buys 50% stake in 278MW of First Solar projects in the US
Energias de Portugal (EDP), through its subsidiary EDP Renewables North America LLC, has acquired a 50% stake in a 278MW US solar portfolio that was developed by First Solar.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, EDP, First Solar, North America, CdTe
French development agency finances 49MW Vietnam solar project
The French development agency AFD has signed off on a EUR24.2 million (US$26.9 million) loan for a 49MW solar project in Gia Lai Province, Vietnam, with the country's monopoly utility EVN.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Asia, Vietnam, evn, sorsea, afd, gia lai, hydropower, solar-plus-hydro, debt, Nguyen Xuan Nam
PV to address water scarcity
The government of the Philippines will spend $500 million on solar-powered water supply and desalination in remote areas of Mindanao, the second-largest island in the archipelago. Elsewhere, a Finnish study has suggested drought-hit Iran could benefit from renewable-powered desalination.
Oct 30, 2019 // Technology, Plants, Markets & Finance News, Storage, Asia, Philippines, MinDA, Iran, Emmanuel Piñol, desalination plants
Swedish Solar Expo touts solar and hydrogen community project
Where seasonal storage is paramount, hydrogen comes into play. Under-the-radar solar market Sweden has presented its hydrogen projects and technological solutions to overcome the country’s natural solar barriers.
Oct 30, 2019 // Technology, Markets & Finance News, Sweden, Europe, hydrogen, hydrogen projects, Joan Carlehed, Hans Olof Nilson, Susanné Wallner, Johanna Lakso
China installed 920 MW of household solar last month
Hopes are high up to 5 GW of residential solar capacity will have been added by the time this month’s figures are added, as the household solar feed-in tariff still applies – but only until Thursday. However, the AECEA consultancy has again revised down its overall new capacity expectation for the year.
Oct 30, 2019 // Residential, Markets & Finance News, Tariffs, Rooftop PV, China, AECEA, Asia, rooftop PV
ROUND-UP: SunPower feeds Chevron oilfield, 25MW Assam tender, Sodexo Constant MoU
SunPower building 35MW project to supply Chevron's Lost Hills Oil Field. Assam tenders for 25MW solar project. Constant Energy partners Sodexo Thailand
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, India, SunPower, tender, Thailand, Asia, North America, Chevron, Nam Nguyen, Assam, Constant Energy, Sodexo, Allen Satterwhite
Green Arrow buys 320MW of European solar and wind assets from Quercus
Italian asset manager Green Arrow Capital (GAC) has agreed to acquire a 320MW portfolio of renewable energy projects from London-based Quercus Investment Partners for an undisclosed sum.
Oct 30, 2019 // Markets & Finance News, UK, Europe, Green Arrow Capital, Quercus Investment Partners, Eugenio de Blasio, Diego Biasi
Japan’s Mitsui sells 679MW of solar and wind in Canada
Japanese trading corporation Mitsui & Co has sold its interest in a 679MW portfolio of operational Canadian wind and solar to Canadian infrastructure management firm Axium.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Japan, Canada, Asia, North America, mitsui, engie canada inc
Empower Energies, Hannon Armstrong to jointly invest in more C&I and municipal solar projects
Renewable energy developer and financing company Empower Energies has joined with investor Hannon Armstrong to build renewable energy projects in the commercial & industrial (C&I), municipal, university, school and hospital markets across the United States.
Oct 29, 2019 // Markets & Finance News, Empower Energies, Hannon Armstrong, John Clapp, Jeffrey W. Eckel
Eswatini 40 MW solar tender attracts 13 approved bidders
The regulator received 26 proposals overall for a project intended to make the kingdom less dependent on power imports from troubled South African utility Eskom.
Oct 29, 2019 // Markets & Finance News, tender, Africa, eskom, Eswatini
20 MW solar-plus-storage project tender at Zimbabwe gold mine
Canadian business Caledonia Mining Corporation plc wants to build a power plant at its Blanket mine near Gwanda, in southern Zimbabwe.
Oct 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, tender, solar-plus-storage, Africa, Zimbabwe, Caledonia Mining Corporation
Kalyon Enerji finds Chinese partner for 500 MW module fab in Turkey
The factory, backed by the Turkish government in September, was originally intended to be built with the support of Korean solar manufacturer Hanwha Q Cells. The new partner is China Electronics Technology Group Corporation (CETC). Production is planned to start next year.
Oct 29, 2019 // Manufacturing News, Markets & Finance News, China, Asia, Kalyon Enerji, Eren Engur, Turkey, Hanwha Q-Cells
Bangladesh extends incentive scheme for domestic solar industry
PV manufacturers receive 10% of the value of their exported products as an incentive and the nation’s central bank has extended the program to cover this financial year. Bangladesh’s solar manufacturers have called for more, however, and point to more generous schemes to the west.
Oct 29, 2019 // Manufacturing News, Markets & Finance News, Bangladesh, Asia, solar modules, Munawar Misbah Moin, Golam Baki Masud
China’s solar installations slump to 4.6GW in Q3
According to official figures released by China’s National Energy Administration, new solar capacity installations in the third quarter of 2019 slumped to only 4.6GW under new support mechanisms that were implemented mid-year.
Oct 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, NEA, China, AECEA, pv power plants, Asia, Frank Haugwitz
Luminous Energy eyes 1.2GW pipeline as works start on ‘springboard’ Australia project
Luminous Energy has commenced connection works on its 162MWac solar farm in Australia, with the developer eyeing up 1.2GW of works across multiple markets.
Oct 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, UK, Australia, Europe, utility-scale, Oceania, PWC, luminous energy, grid connection, Paul Chivers
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