ADB finances its first utility-scale PV plant in $160 million deal

Asia’s largest IPP receives funds to develop renewable energy assets in line with Indonesia’s plans to increase renewable generation to 23% by 2025. The ADB’s support for PV at this scale is novel and could help overcome financing gaps that have hindered PV development in emerging nations

Survey finds digitalization, decentralization and decarbonization concerns energy leaders

The World Energy Council tracks the top concerns of energy leaders and has created a tool with Arup to display its findings. The rise of digitalization issues and the decreasing significance of fossil fuels indicates a strong renewables market ahead and energy start ups are receiving increasing attention from utilities and leaders

SMA launching new multi string battery inverter

SMA says its new product will offer digital services such as monitoring and automatic notifications to perform maintenance as well as offering an emergency supply system. According to analysts, the varied applications of new inverters signal an increasingly competitive marketplace.

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PV inverter market becoming more diversified as price pressure intensifies – IHS Markit

PV inverter shipment volumes have gone up recently, but an increasingly competitive market has seen declining prices, forcing manufacturers to think out of the box to find new business applications for their products.

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Etrion completes 13.2 MW solar project in Japan ahead of schedule

The Swiss IPP finished its fourth Japanese PV plant located in Japan. Overall, the Swiss company is working on a 190 MW backlog of projects in Japan.

Crowd investment kicking off PV, storage system market in developing countries

Autarsys reports the roll-out of two off-grid battery systems in Madagascar. Thanks to crowd investment, its order books are full. Streamlining the process of investment, the Germany-based start-up will cooperate with crowd investment platforms, Greenvesting and Ecoligo.

Canadian Solar commissions 35 MW PV farm in India

The Chinese-Canadian solar company reached commercial operation for the plant just in time to still benefit from the state of Karnatake’s lucrative incentives programme. Open access rules allow businesses to broker PPA’s directly with the PV operator.

Neo Solar Power increases turnover, reduces losses

On the last stretch to the merger between NSP, Gintech and Solartech, the company still posted losses due to “operational challenges” and solar trade disputes.

Wales to introduce energy efficiency loan benefit, applicable to residential PV installations

Welsh home buyers intending to install a roof-top PV array are set to benefit from a rejigging of loan conditions for energy efficiency dwellings.

Ingeteam secures 555 MW Mexican order

Spanish inverter maker Ingeteam has reported a massive order to supply Mexican projects, which it claims will increase its O&M services to cover 55% of the countries solar PV installations. Supply contracts are mostly related to central inverters, although string devices, as well as LV/MV transformers, MV cells, and LV switchgear are also included in the deals.