First Solar reports strong Q1 results as it readies for Series 6
First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
Ellomay acquires 300 MW PV project in southern Spain
The Israeli investment firm agreed to acquire a special purpose vehicle owning a 300 MW PV project in the southern Spanish region of Extremadura.
Armenia announces tender for 55 MW solar project
The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
Report: Near-total renewable energy systems cheaper than gas in 2030 (w/ chart)
A report released last week by Climate Policy Initiative stresses flexibility and shows how energy storage and limited gas generation can support a power system dominated by renewables at a lower cost than conventional generation.
Dominion to add 990 MW of solar PV in the United States over the next five years
The U.S. utility sites the falling cost of utility-scale solar for the expanded role, and the large majority of solar plants will be located in North Carolina.
New South Wales sets higher benchmark range for FIT
The Australian state’s Independent Pricing and Regulatory Tribunal (IPART) has drafted recommendations for voluntary solar feed-in tariffs (FITs) for 2017-18. It has proposed a benchmark range of AU$0.116 to AU$0.146/kWh, from AU$0.055 to AU$0.072/kWh in the preceding 12-month period.
Downer scores EPC, O&M deal for 148 MW in Australia
Palisade Investment Partners (Palisade) and ESCO Pacific (ESCO) have selected Sydney-based Downer EDI to handle EPC duties for the A$200 million ($150.5 million) Ross River solar project in the state of Queensland.
Kyocera supplies modules for 92 MW PV plant in Japan
A joint venture of four Japanese firms invest $315 million for a solar project in the south of the country. The solar park is scheduled to start operation in January 2020, producing 99 MWh annually.
BECE posts $68 million net profit in 2016
The Hong Kong-listed renewables developer recorded a net profit of HK$529.2 million ($68.03 million) in the 12 months to the end of December, from a profit attributable to shareholders of about HK$38.5 million in 2015. Basic earnings per share for the year were HK$0.14.
Cubico buys 105.6 MW of PV plants in Italy
The British renewable energy infrastructure company has agreed to acquire 18 solar facilities located in Italy from a joint venture between U.S. companies Riverstone and SunEdison.
