Taiwan’s Gintech, Solartech and NSP merger creates new solar entity, UREC
Newly formed United Renewable Energy Co. is the result of the merger between three of Taiwan’s leading solar companies. Move comes at a time of intense competition in the Taiwanese solar space.
Belarus’s biggest PV plant comes online
State-owned Belarusian oil company Belorusneft has finalized its 55 MW solar project more than three years after the initial announcement.
Portugal announces new solar plan
The proposal for the new plan is included in the draft state budget law for 2018.
Ukrainian government considering transition from FITs to auctions
The Ukrainian Association of Renewable Energy believes that the transition to an auction scheme may be premature and recommends digressive FITs as a way to reduce burden on consumers.
Belgian logistics company WDP invests another €25 million in solar in the Netherlands
The funds will be used to deploy around 25 MW of projects under the SDE+ program for large-scale solar and renewables.
Kong Sun’s PV generation spikes 82.6% in Jan-Sept period
Kong Sun Holdings has revealed that its solar projects throughout China generated roughly 1162.2 GWh in the nine months to the end of September 2017, up 82.57% year on year, as it expanded its operational PV portfolio by more than 500 MW.
ISA drafts program for scaling rooftop solar to be launched at RE-INVEST 2017, India
The program will be launched during RE-INVEST 2017, India on December 8. The event will hold several other sessions, including the launch of International Solar Alliance (ISA). Indian Prime Minister Narendra Modi and French President Emmanuel Macron are likely to attend the ISA Founding Ceremony.
Panda Green to buy 50 MW for $30 million in China
Panda Green Energy has revealed plans to pay CNY 196 million ($29.75 million) to acquire Inner Mongolia Guorun Chayouqianqi Electricity, which owns an operational 50 MW solar plant in northern China.
EU launches battery alliance
“Airbus for batteries”-style alliance announced this week in Brussels aims to expedite European battery cell manufacturing and strengthen continent’s storage value chain in face of Asian and U.S. competition.
Sadiq Khan puts forward London Community Energy Fund in a bid to encourage locally created solar energy sources.
With the aim of producing 2 GW of installed capacity by 2050, the Mayor sets out his vision to reduce emissions in London to make it a cleaner space for people to live, and a more energy efficient city in general.
