Chinas Nari to build SunEdisons 59 MW Philippine solar project
EPC contractor, Nari Group has been chosen by SunEdison and Aboitiz Power to work on a 59 MW solar PV project in the Philippines. It is expected to be operational in Q1 2016.
UK: FIT pre-accreditation to end on October 1
Government ignores industry opposition to its proposal to scrap the pre-accreditation process for the FIT, with energy secretary stating decision means better control over spending.
Canadian Solar reveals financing details for 200 MW Tranquillity solar project
Canadian Solar Inc. subsidiary, Recurrent Energy, has secured US$337 million in financing for its 200 MW Tranquillity solar PV project, located in Fresno County, California.
Conergy, NEXTracker launch new solar alliance
Conergy and NEXTracker have launched the Latin America and Caribbean Solar Alliance (LACSA). The aim is to support solar deployment in the region, which is currently experiencing rapid growth.
SolarEdge launches HD-Wave technology for inverters
Company claims new advanced digital processing can dramatically lower inverter’s weight and size while optimizing performance; market launch penciled for December.
SolarCity to provide dispatchable power from utility-scale solar in Hawaii
Utility KIUC has signed a contract to buy electricity from an integrated solar and storage system that SolarCity will build on Kaua’i. The system will provide power on demand to meet evening peak on the island’s grid.
Australia: CEFC to tip another AUD$250 million into large scale solar projects
Australia’s Clean Energy Finance Corporation is to tip another AUD$250 million of financing into large scale solar projects, as part of a co-ordinated drive among government agencies to build up to 10 major projects and drive down the cost of large scale solar.
Canadian Solar receives $165m loan from Santander for Mustang solar plant
Spanish bank agrees lending and tax equity bridge loan for Recurrent Energy, California subsidiary of Canadian Solar involved in the creation of the 100 MW Mustang solar project.
Martifer Solar grows Italian O&M portfolio by 11.5 MW
The Portuguese solar project developer augments O&M business in Italy with deal to service 14 solar PV plants owned by Green Utility; global O&M portfolio reaches 600 MW.
Enphase to debut AC battery Down Under
U.S. microinverter supplier Enphase has selected Australia to launch its new AC Battery product. The Australian PV market has presumably been selected because of its high levels of residential PV penetration, falling feed in rates for solar electricity, feed in limitations in some states, and an expected wave of consumers looking for more value from their PV array as highly subsidized historic FITs expire.
