Anesco is making its international debut with two more major projects for Shell New Energies – its first endeavor outside the UK. The two solar parks in the Netherlands will have a combined capacity of 26 MW. Anesco previously partnered with Shell New Energies on a battery storage project in the UK.
The companies aim to jointly develop higher quality and more competitive cells and modules that will in turn ensure the viability of PV power plants.
Pash Global, a subsidiary of multinational commodities trader Trafigura Group, has signed a renewables power purchase agreement for a project on the British overseas territory of Saint Helena. The microgrid will help the South Atlantic island’s aim of investing in renewables, reducing diesel dependence and increasing fuel security and price stabilization.
The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.
Chint Solar Netherlands and Powerfield began construction of two new solar parks in the Netherlands. The Stadskanaal and Buinerveen Solar Parks follow the companies’ 103 MW Midden-Groningen Solar Park, now in operation.
A new 100 MWp solar power plant supplied with Kyocera solar modules has begun operation in Japan’s Kagoshima Prefecture. Operated by the Kyocera-backed Kanoya Osaki Solar Hills LLC joint venture, the plant is one of the largest PV facilities on the island of Kyushu. Venture partner Tokyo Century arranged financing for the project with 17 regional banks.
The Chinese-Canadian solar manufacturer reported a 41% year-over-year increase in total module shipments to 2.2 GW in the first quarter. Revenue grew by 70% to $826 million, while net profit improved significantly from $17.2 million to $110.6 million.
The funds will be used by Polish developer Energy Solar Projekty sp.z o.o. to build 66 PV projects selected in Poland’s auction scheme for renewable energy projects not exceeding 1 MW in size.
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