Sonnedix buys 55 MW solar carport portfolio in France
The independent power producer has purchased five PV projects from Glennmont Partners. It did not disclose the financial terms of the transaction.
GCL Poly subsidiary sweats solar assets for $89m cash injection
The poly maker’s project development business has entered a sale and leaseback deal for a 140 MW project that will bring in a financial lift in the short-term but cost more than $31 million over nine years.
Pacifico Energy starts building 102 MW of solar in Japan
The Tokyo-based renewables developer is constructing a 102.144 MW (DC) array on a former golf course west of Osaka in the city of Ako. It expects to connect the project to the grid in spring 2021.
California’s solar power record setting season is here
The state grid operator reported breaking 11 GW of instantaneous power from large scale solar on Saturday at 1.50pm. Just 20 minutes earlier, the CAISO grid was exporting a record 1.5 GW of electricity, and last Wednesday it hit 93% clean electricity for a moment.
High energy prices set to drive 2 GW of rooftop PV in Australia this year
First-quarter data from Green Energy Markets shows double the uptake of small-scale rooftop solar on the same period last year as record numbers of residential and business consumers seek to reduce electricity bills. A tendency for installations to increase toward the year end suggests more than 2 GW of solar will hit the rooftops this year. But could this become a cautionary tale?
Rendeavour finishes first project of its 30 MW plan for Kenya
The African property developer has completed a 1 MW rooftop PV array at an industrial park in Nairobi. The installation is its first solar project in Kenya and part of a planned 30 MW rollout at Tatu City, its new mixed-use development in the capital.
Petronas jumps into PV market with Amplus acquisition
The Malaysian oil and gas group has purchased solar developer Amplus Energy Solutions from infrastructure investor I Squared Capital. No financial terms of the deal have been disclosed.
More details emerge of China’s $447m solar subsidy for 2019
The NEA has offered a broad hint that RMB3 billion will be made available in incentives this year – including RMB750 million for residential PV. Roth Capital Partners says achieving 40 GW of new capacity will hinge on timely action by the National Energy Administration.
India’s solar sector will outperform globally despite near-term challenges, says Fitch Solutions
With Narendra Modi being tipped to triumph again in the current Indian elections, Indian solar capacity is expected to grow robustly, at 15.3% per year, on the back of continued strong government support.
France opens biggest solar carport
The pending electric vehicle transition is all set to offer on-site self-consumption to the already compelling business case for solar carports, says French renewables developer Neoen.
