Utility-scale PV

Solar corporate funding rises 15% YoY with $5.3 billion in H1 2018 – Mercom

Despite the uncertainty caused by U.S. solar panel import tariffs, deteriorating trade relations between the U.S. and China, and the looming consequences of China’s PV policy change, the solar industry saw a 15% YoY increase in corporate funding in the first half of 2018, on the back of a Q2 rebound, finds the latest Mercom Capital report.

India: 750 MW Rewa solar project starts supplying power

The 750 MW Rewa solar power project, one of the world’s largest single-site solar power plants, has started operations.

Italian government challenges Sicily’s moratorium on solar parks

The Italian Council of Ministers said that Sicily’s temporary suspension of all approvals for large-scale wind and solar project is unconstitutional.

Turkey authorizes foreign-currency loans for already approved unlicensed PV projects

The measure is intended to reduce domestic foreign exchange exposure for investors and developers of PV projects up to 1 MW (and solar parks consisting of several 1 MW units). Prior to these new rules, only licensed PV projects exceeding 1 MW in size were granted this kind of financing.

Guyana secures financing for 100 MW solar project

The $80 million scheme is expected to be financed by the Inter-American Development Bank, with the support of the Norwegian government. The funds concerned were originally to be devoted to a hydropower project.

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Terra Firma moves forward with sale of Italy’s RTR

While Italian utility A2A has dropped out of the race to buy RTR; Enel, Eni and BP are reportedly shortlisted bidders for the acquisition. The Italian PV asset manager owns and operates 134 solar parks with a combined capacity of 334 MW across more than 100 municipalities in Italy.

Jinko supplies modules to Colombia’s largest PV project

The Chinese manufacturer will provide 250,000 monocrystalline modules for the 80 MW El Paso solar plant, which Enel is building in the Colombian department of Cesar. It is slated to be operational by the end of the year.

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Balkan update: Croatia, Bosnia and Herzegovina ready for their biggest PV projects, Macedonia inaugurates first module fab

With Republika Srpska, one of the two entities of Bosnia and Herzegovina, announcing a tender to build a 65 MW solar PV plant; Croatia planning a 6.5 MW solar PV installation, to be built on the Island of Cres; and Macedonia welcoming its first solar panel manufacturing plant, capable of producing 20 MW annually – it has been a busy period for the small solar markets in the Balkans.

Solarpack could be listed on Spanish stock exchange

The Spanish PV project developer is currently seeking ways to finance its solar project pipeline in India, Chile and Spain. Although the rumors have not been confirmed, listing on the Madrid Stock Exchange may be a option.

Two strategic M&A transactions announced in the French PV sector

French solar project developer, Solstyce and rooftop PV specialist, Enerpur are merging into a single company; while France-based building materials provider, Terreal has become the largest shareholder of mounting system provider, GSE Integration.

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