New Energy Solutions to construct 120 MW of solar PV in Iran
Swiss company New Energy Solutions will begin construction of four solar farms in Iran in March, with a combined capacity of 120 MW, as Iran remains solar’s ultimate unknown quantity.
El Salvador awards 120 MW of solar PV at prices from US$50/MWh
Four PV projects were awarded in the second auction for renewable energy projects in the Central American nation.
BayWa r.e. acquires U.K. O&M service provider with a 160 MW portfolio
German solar developer and equipment supplier BayWa r.e. has announced the acquisition of U.K. O&M service provider Green Hedge Operational Services from the Green Hedge group, adding to its already impressive British portfolio of solar plants under its management.
Meyer Burger receives third significant order in a week
Meyer Burger’s solar PV manufacturing equipment is in vogue at the minute, as the company has enjoyed a flurry of new orders in the last week, the most recent a CHF 8 million (USD 7.9 million) order from one of the company’s existing European customers.
Tesla to power Nevada gigafactory entirely with solar
The 70 MW system is just one aspect of the plant’s commitment to 100% sustainability – but the company says it will be seven-times larger than the largest rooftop solar system currently installed.
Vivint Solar secures USD 303 million in fresh financing
U.S. residential solar system provider Vivint Solar has started 2017 on a high, with the closing of USD 303 million in new financing from a total of five different investors, which will allow the company to repay existing borrowing and install a large chuck of new residential systems.
Neo Solar Power’s December revenue spikes by 30%
The Taiwanese PV manufacturer recorded revenue of NT$1.166 billion ($36.8 million) in the final month of 2016, up 29.81% from November.
Mercom: Total solar corporate funding falls 64% in 2016
It was not a pretty year for solar finance, but some sectors remained unscathed.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
80 MW PV plant approved by council in Bundaberg
Bundaberg regional council has approved planning application for an 80 MW PV power plant, lodged by Australian solar developers Esco Pacific. The plant will comprise 400,000 tracker modules, an investment of AU$210 million.
