Utility-scale PV

Greece’s PV restart: Hellenic Petroleum secures financing for at least 8.6 MW

Greece’s Hellenic Petroleum has secured financing to develop 190 MW of combined solar PV and wind power capacity in Greece. The company was awarded 8.6 MW of PV capacity in Greece’s inaugural renewable energy tender in December 2016.

ABB bags 102 MW inverter order from Jordan

The company’s devices will be used for the Mafraq I and Mafraq II projects, which are being developed by Fotowatio.

Two more 2 MW PV project proposals submitted to Albanian authorities

Overall, 11 similar proposals for PV and hydropower projects of up to 2 MW have been filed to date by the Albanian Ministry of Energy and Industry.

Spanish government provides auction’s official numbers: allocated solar capacity reaches 3.9 GW

Around 3,909 MW of solar was assigned in yesterday’s auction. This is 400 MW more than what Spanish solar association UNEF had estimated in its provisional forecast.

Judge approves SunEdison final disposition plan

More than a year after the world’s largest renewable energy developer went under, Judge Stuart Bernstein has approved a deal that will allow it to emerge from bankruptcy proceedings over the objections of shareholders and two investors.

Kong Sun forecasts H1 profit of $5.9 million

The Chinese PV investor said it may record a net profit of up to CNY 40 million ($5.9 million) for the first half of 2017. The preliminary figures point to a sharp turnaround from last year, as it posted a net loss of CNY 124.4 million in the first six months of 2016.

China’s PV generation spikes 75% in H1

Solar projects generated about 51,800 GWh of electricity throughout China in the first half of 2017, up 75% year on year, according to preliminary statistics from the National Energy Administration (NEA).

Spain’s auction allocates 3.5 GW of PV capacity

Solar had the largest share in Spain’s renewable energy auction, leaving wind power, which won all the allocated capacity in the previous auction, with just 720 MW.

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UK’s Lightsource and BlackRock team on £1bn solar strategy

British renewable energy developer Lightsource has entered into a £1 billion partnership with asset manager BlackRock Real Assets to create Kingfisher, which will target 1 GW of solar capacity in the U.K. Partnership will also eye storage opportunities.

Redavia provides gold mine in Tanzania with more solar power

The company has increased the mine’s PV power generation capacity to 674 kW with the supply of another solar container.