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February 2017

Australia: 320 MW of solar farms commence construction in Victoria

Three PV power plants worth a combined 320 MW have begun construction in the southeastern Australian state of Victoria. A joint venture between Overland Sun Farming and the UK’s Island Green Power is behind the AU$500 million (US$384 million) development, which is going ahead despite the projects not having yet signed PPAs.

The pv magazine weekly digest

Solar stats from around the world have been rolling into the pv magazine office this week, as analysts continue to predict big things for solar in 2017. Amid these expectations the industry continues to innovate and grow as a major part of the world’s energy supply.

NSP shifts CFO to downstream developer ahead of Hong Kong IPO

Neo Solar Power (NSP) has shifted Thomas Hsu, senior vice president and CFO, to serve as CFO of Clean Focus Yield (CFY).

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Itochu completes 37 MW in western Japan

The Tokyo-listed trading firm built the project with its partners in Okayama, Okayama prefecture.

SunPower & First Solar to supply projects in France

SunPower has announced that it will supply 64.4 MW of its high efficiency E-Series solar panels to seven PV power plants in France. Meanwhile, First Solar has announced that it will supply 106.5 MW of its thin film modules to power 14 power plants under the third round of procurement initiated by France’s Energy Regulatory Commission.

Foresight purchases first Australian PV power plant, with 25 MW Barcaldine project

Britain’s Foresight Group had made its first investment into large scale PV in Australia. It announced today the acquisition of the 25 MW Barcaldine Remote Community Solar Farm in Queensland.

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GCL-SI signs Mexican distribution deal with DMSolar

GCL System Integration (GCL-SI) did not disclose the financial terms of the master distribution agreement, under which Guadalajara-based DMSolar will offer the Chinese PV maker’s components, as well as its GCL-P6/60 and GCL-P6/72 panels.

Foresight Solar Fund annual results show impressive growth

The investment company, which focuses on operating ground-mount solar assets in the UK achieved total revenue of GBP 34.2 million (US$ 42.7 million).

MENA’s 2017 solar PV pipeline grows to 4 GW, says MESIA

Middle East Solar Industry Association’s Solar Outlook Report 2017 suggests more than 5.7 GW of solar power – including concentrated solar power – is in the pipeline for the region, with 2017 poised to be strongest year yet.

EPS, Toshiba to finish 3 MW Tasmania microgrid project in Q1

Paris-based Electro Power Systems (EPS) expects to commission the PV-powered project in the first quarter.

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