News

Philippines city prepares for 50 MW solar project first

Bacolod is expected to host its first large scale PV project within a year after domestic renewables firm Amatera signed a deal with Korean business TPC Construction Corp.

Sep 9, 2019 // Plants, Large-Scale, Commercial, Asia, Philippines, Bacolod, Amatera Renewable Energy Corp, TPC Construction Corp, Charles Ji, Ramon Luis Lacson

GCL-Poly generates another $349m towards paying down debt

The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.

Sep 9, 2019 // Manufacturing News, Markets & Finance News, polysilicon, Jiangsu Zhongneng Polysilicon Technology Development Co Ltd, GCL-Poly, Xinjiang GCL New Energy Technology Technology, Energy Holdings Ltd, Hua Neng Group Hong Kong Ltd

Japan’s largest floating PV plant catches fire after Typhoon Faxai impact

Kyocera’s 13.7 MW floating project at the Yamakura Dam was damaged by 120mph winds the typhoon brought to the coastal city of Chiba. Firefighters said the blaze may have been generated by the strong heat produced by panels stacking up.

Sep 9, 2019 // Plants, Large-Scale, Commercial, Floating PV, Japan, Kyocera, floating PV, Asia, Yamakura Dam, Chiba

Softbank injects another $10m into Swedish dye-sensitized solar specialist Exeger

The Japanese multinational lender is making its second investment in the Swedish start-up. The funds will help the company ship its first products next year.

Sep 9, 2019 // Markets & Finance News, Japan, Saudi Arabia, India, Asia, Softbank Group, Exeger, Giovanni Fili, Shigeki Miwa, Japan.

Central Bank of Brazil wants to buy power through solar leasing

Brazil’s biggest lender has launched three tenders to select solar facilities to supply it with power through leasing. The central bank expects to buy around 4 GWh of electricity per year for the Federal District and another 2 GWh in the states of Goiás and Pará.

Sep 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, South america, Brazil, ANEEL, Central Bank, Banco do Brasil SA

Colombian renewables auction attracts 53 bids from 27 companies

Canadian Solar, Acciona, Enel, EDF, Solarpack and Trina are among the contenders to develop large scale renewables projects. Some 26 power distributors are participating in the procurement as buyers.

Sep 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, EDF, Enel, Trina, Acciona, Solarpack, National Mining and Energy Planning Unit

Panda Green writes off another $5.6m

The debt saddled renewables project developer has signed off on the sale of two wind farms in Shanxi at a loss of RMB40 million on investment. The sale will contribute up to RMB251.5 million to help pay off the parent company’s debts

Sep 9, 2019 // Markets & Finance News, China, Asia, Panda Green, Changzhou Zhaolian

Qatar solar testing facility ‘open for business’

After more than six years of scientific and technical research efforts in the solar sector, the Qatar Environment and Energy Research Institute (QEERI) is now targeting a major role in the industry itself.

Sep 9, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Grids, pv modules, Asia, Qatar, r&d, qeeri, testing, Dr. Veronica Bermudez Benito

Lightsource BP breaks ground on 70MW Pennsylvania trio

Lightsource BP has started construction of a 70MW trio of Pennsylvanian solar projects that will provide power to Penn State University.

Sep 9, 2019 // Plants, Large-Scale, Commercial, USA, pv power plants, utility-scale PV, Lightsource BP, Pennsylvania, North America, penn state university

Industry: Italian solar comeback needs market redesign, not subsidies

Subsidies are not the answer for Italy to revive its solar industry from the deadlock brought about by the scrapping of feed-in tariffs (FiT), operators have warned at an industry event.

Sep 9, 2019 // Plants, Large-Scale, Commercial, Tariffs, Italy, PPA, pv power plants, solar pv, Europe, subsidy-free pv, feed-in tariff, Paolo Rocco Viscontini

UNEP: Solar the star of a decade of ‘incredible’ renewables momentum

Solar PV has seen a “meteoric rise” over the past decade, with more capacity installed than any other power source, according to a new report by BloombergNEF and the United Nations Environment Programme (UNEP).

Sep 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, UK, China, Europe, Asia, bloomberg nef, unep, solar finance, development finance, reports, Inger Anderson

Nigeria powers up Africa’s ‘largest off-grid solar hybrid’

The latest project to be switched on in Nigeria’s solar electrification programme for universities is also thought to be the largest ‘hybrid’ plant of its kind on the African continent so far, inaugurated this week at Bayero University Kano (BUK).

Sep 8, 2019 // Plants, Large-Scale, Commercial, Grids, solar pv, off-grid solar, Africa, microgrid, Nigeria, off-grid pv, renewable integration, rural electrification

STI Norland expects 1.2GW of contracted mounting systems orders in 2019

Mounting systems specialist STI Norland said it had surpassed 3GW of cumulative installations with 1.2GW of contracted mounting systems orders expected in 2019.

Sep 8, 2019 // Plants, Large-Scale, Commercial, Japan, Spain, France, India, pv power plants, Europe, Asia, Mexico, North America, sti norland, pv trackers, pv mounting systems

Cambodia tender secures lowest solar power price in Southeast Asia

The Asian Development Bank-backed procurement round attracted 26 bidders for the 60 MW project, according to the development lender. The ADB says the low price secured will persuade neighboring governments to embrace auctions.

Sep 8, 2019 // Markets & Finance News, tender, Asia, Cambodia, Asian Development Bank, Southeast Asia, Siddharta Shah

High power prices, falling PV costs and new regulations behind Brazil’s solar carnival

The nation’s thriving distributed generation market is flying, as was evident at last week’s Intersolar South America trade show. The sector seems unconcerned by mooted changes to net metering incentives in the new year and when even an environmental non-believer like President Bolsonaro is on side, it is difficult to be pessimistic.

Sep 8, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Inverters, Solar, USA, Sungrow, Canadian Solar, China, South america, Latin america, Europe, Brazil, Asia, Fronius, Greener, North America, Intersolar South America, Solar Promotion, Florian Wessendorf, utility scale solar, Marcelo Sousa, Ada Li, Thais Zampieri Bitancourt, Julian Rau, Trina, Álvaro García Maltrás, Apollo Chai, Rodolfo Meyer, Portal Solar, Marcio Takata, Lucas Troia

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