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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.

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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.

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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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France’s power and gas system operators enter partnership to improve integration of renewables

RTE and GRTgaz have created a common databank to analyze how power production from renewables can be better integrated into France’s electricity system.

Imec’s perovskite-based PV module reaches 12.4% efficiency

The Belgian research institute has improved the efficiency of its 4x4cm² perovskite module by 1.1%.

Italian Revenue Agency says PV system owners can take advantage of super-amortization on investment goods

The Italian Revenue Agency has finally made clear that PV systems must be considered movable property. As a result, solar modules and other components installed in PV installations can now be depreciated by applying a coefficient of 9% instead of 4%.

Solar Systems LLC gets $15 million financing from Gazbank

The seven-year loan will be used by the Russian solar developer to finance the construction of its 15 MW solar project in the Astrakhan region of Russia.

Belgium: Wallonia’s regulator imposes grid-fee for solar starting from 2019

The Belgian French-speaking region of Wallonia could introduce a grid-fee for residential PV starting from 2019. PV systems operators fear an annual fee ranging from €330 to €560.

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