Norwegian firm signs 2 GW, $2.9bn solar project deal in Iran
Saga Energy, a partner of Taiwan’s Delta Group, has inked a €2.5 billion deal to construct 2 GW of solar PV in Iran, working alongside local partner Amin Energy. Company also hopes to build module fab in the country.
Acciona to deploy 150 MW at Egypt’s Benban solar complex
The Spanish company will build three PV plants in a 50/50 joint venture with Saudi developer Swicorp. The facilities will sell power to local utility EETC under a 25-year PPA.
DEWA announces new R&D subsidiary
HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Company (DEWA) announced that the firm has launched a new wholly owned investment subsidiary. It is called Jumeirah Energy International Silicon Valley Company and, as the name entails, is found in the Silicon Valley in California.
U.S. thin film PV maker Stion to discontinue operations
The Mississippi-based CIGS manufacturer cites “intense” competition from imports.
SolarNow financing facility aiming to reach 70% of rural Uganda with off-grid systems
SolarNow and fellow investors SunFunder, Oikocredit and ResponsAbility Investments have announced a $6 million receivables financing facility for the installation of off-grid solar systems in the African nation of Uganda.
A2A buys another 17.8 MW of solar in Italy
Through this second operation in the solar sector, the operational PV plants owned by the Italian power and gas provider have reached a combined capacity of 38.4 MW.
Large-scale solar is not ready for the spot market in Portugal
In an interview with pv magazine, President of the Portuguese renewable energy association Apren, António Sá da Costa, has explained why solar and renewable energy power plants selling electricity to the spot market are still unviable in the country, and has urged the government to introduce auctions.
U.S. PV system prices have already increased due to Section 201 (w/ charts)
The latest report by GTM Research puts numbers on the increase in H2 2017 system prices and analyzes the potential damage from a range of scenarios.
AECEA: 50 GW within reach for 2017 installations in China
According to the latest briefing from Asia Europe Clean Energy Consultants (AECEA), China is likely to install more than 50 GW of PV in 2017, a second consecutive record breaking year for the world’s leading market.
Construction begins on 62 MW project in Japan
Pacifico Energy has announced the start of construction on its Toyota Mega Solar Power Plant, located on mountainous land in Toyota City, Aichi Prefecture. The plant is expected to be grid connected in December 2019.
