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