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Bahrain to introduce net metering policy for PV

The Middle Eastern country is now preparing to introduce a net metering scheme for decentralized renewable and solar energy projects under its National Renewable Energy Action Plan (NREAP).

Scatec Solar secures PPA for 400 MW of solar plants in Egypt

The Norwegian solar developer has obtained a 25-year PPA for six PV power plants totaling 400 MW. The facilities will be located near Aswan in Upper Egypt.


Singyes Solar records 43% rise in net profit in 2016 full-year financials

The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.

Albania preps to host first utility-scale PV projects

Albania’s Ministry of Energy and Industry has received an application for a 1.7 MW PV project last week. This is one of several large-scale PV project proposals that were submitted to local authorities over the past few months.

Yingli reduces losses despite Y-o-Y drop in revenue and shipments for 2016

The struggling Chinese module maker was able to reduce its losses in fiscal 2016. Revenue and shipments for last year, however, were down due to lower ASPs and lower utilization rate of production capacity.


Solek Group issues bond to finance 60 MW of PV in Chile

The Czech solar developer intends to issue public bonds worth 500 million CZK ($19.9 million). The company will use the net proceeds to finance part of a 60 MW PV project pipeline in northern Chile.


Armenia sets up commission to support large-scale PV projects

The Armenian government said the new commission will supervise the development of six solar projects totaling 110 MW.

Malta makes room for more PV

Malta’s water supplier has signed an agreement with Malta Developers Association and with Malta Chamber of SMEs to build MW-sized solar plants on the roofs of all its reservoirs.


Edisun Power reports increase in revenue and profit

The Swiss solar power producer saw its production increase by 7% in 2016. The company’s PV project portfolio also grew considerably in the past months thanks to the acquisition of several MWs of solar in Spain.

Guinea to host 88 MW solar power plant

The French government and the government of the Republic of Guinea have signed three MoUs for the development of solar energy in the African country. One of the agreements envisages the construction the country’s first large-scale PV project.


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