The demand for green electricity in Europe, documented with Guarantee of Origin (GOs) has grown by 5% in 2016, now reaching nearly 370 TWh. Solar and wind are stepping up to challenge large hydro.
The Saudi Arabian Ministry of Energy, Industry and Mineral Resources today announced its first request for qualifications under the National Renewable Energy Program (NREP), as the Kingdom looks set to make concrete progress in renewables deployment after several years of stops and starts.
Danish solar developers Better Energy today announced the addition of four sites with total capacity of 23.6 MW to its portfolio in Germany.
SunPower has announced that it will supply 64.4 MW of its high efficiency E-Series solar panels to seven PV power plants in France. Meanwhile, First Solar has announced that it will supply 106.5 MW of its thin film modules to power 14 power plants under the third round of procurement initiated by France’s Energy Regulatory Commission.
The investment company, which focuses on operating ground-mount solar assets in the UK achieved total revenue of GBP 34.2 million (US$ 42.7 million).
The Dutch science-based company has announced plans to expand its product portfolio for solar, with the acquisition of China based Suzhou SunShine New Materials Technology (Sunshine), a manufacturer of PV backsheets.
A Freedom of Information request made by Korean giant LG Electronics has revealed that 47% of local authorities in the UK see the lack of Government incentives as a barrier to solar investment.
The Dutch subsidiary of Swedish energy giants Vattenfall has announced plans to add 70 MW of PV capacity at six windfarms located across the country. Plans to include storage applications at at least one of the sites are also in the works.
Indian solar developers post strong financial results for quarter ending 31st December 2016, with 49% EBITDA increase and 46% increase in revenue compared to the same period in the previous year.