Korean player to help deploy utility-scale PV plant in the Philippines
Deal documents have been signed for the Philippines to add a utility-scale solar project towards the southwest, a plant set be deployed by a foreign construction player.
Sep 10, 2019 // Plants, Large-Scale, Commercial, pv power plants, Asia, Philippines, Amatera Renewable Energy Corp, Charles Ji, tpc construction, moa
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
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.
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
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
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
Panda Green accepts $22.5m hit on sale of 540 MW of solar projects
The heavily indebted developer has cashed in two eight-project portfolios for an immediate $28 million windfall but accepted the sales recognize heavy losses as it continues to try and pay down debt.
Sep 8, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, Panda Green, Shanxi Silu Electricity Engineering Co Ltd, Changzhou Zhaolian Lvchang New Energy Ltd
Comtec ready to swim against the tide by outsourcing manufacturing
While the rest of China’s solar manufacturers take on ever more debt to expand their production lines as fast as possible, Comtec said it is ready to sell off fabs for the right money and will instead focus on project sales and lithium battery and EV business opportunities.
Sep 6, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, China, Asia, Comtec, John Yi Zhang
Big money for Turkey’s 500 MW solar factory
With the Turkish government having given Kalyon Enerji another three years to build the 500 MW facility it won a tender to construct with former partner Hanwha Q Cells, Ankara has now committed a $333 million “super incentive” to the fab.
Sep 6, 2019 // Manufacturing News, Markets & Finance News, Asia, Kalyon Enerji, Eren Engur, Hanwha Q Cells, Turkey
Ukraine orders lift Risen up overseas module shipment rankings
The Ningbo-based manufacturer shipped more than a quarter of the panels it exported in the first six months of the year to the eastern European nation. All the big manufacturers posted rising shipment volumes as emerging markets made up for slow growth in their homeland.
Sep 6, 2019 // Manufacturing News, Jinko Solar, China, Ukraine, JA Solar, Europe, Asia, Trina Solar, GCL, Risen, Chint
China’s aluminum smelters alone could shift 2.3% of daily electricity demand
German energy agency Dena has found China’s smelter fleet could shift 432.5 GWh of daily demand to more amenable hours to tally with renewables generation. To make it happen though, the regulator needs to lay down rules for providing incentives.
Sep 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Germany, China, Europe, Asia, Dena, flexible
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