The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
The operations and maintenance and the engineering, procurement and construction arms of PV company Enerray have been sold off by troubled industrial conglomerate Gruppo Industriale Maccaferri for cash, transferring 240 MWp of Italian generation capacity to the management of rival LT Renewables.
With Bulgaria, Poland, Romania and Czechia having dragged their heels over climate legislation for years, BloombergNEF has estimated the most economic route out of the coal habit. It is a path which could see 40% less carbon emissions in 2030 than were recorded last year, with a 47% clean energy power mix.
Plus, equipment manufacturer Shangji Automation is set to enter the silicon ingot making game with plans for an 8 GW fab, while state-owned developer Panda Green says it plans to add 500 MW of annual project capacity over the next three years.
The, variously reported, 1 GW or 1.5 GW, $1.2-1.43 billion ‘Dibdibah’ or ‘Dabdaba’ solar project is reportedly at risk of being abandoned altogether. The ambitious project was supposed to have been tendered in the first quarter of 2018 with a view to completion this year.
The Chinese manufacturer will supply 126 MW of modules to a project in Antofagasta which was originally installed using its products in 2016.
The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.
Canadian Solar has unveiled its newest line of PV modules, with maximum power ratings of up to 590 W. Trina Solar, meanwhile, has signed a deal to supply PV modules for almost 1 GW of capacity throughout the world.
The Chinese solar manufacturer has completed the first 10 MWp shipment of 24,700 of its 405 W bifacial solar panels for the 500 MW Ibri 2 PV array in Oman.
The solar manufacturer has landed its biggest engineering, procurement and construction services deal and will work on solar facilities in Europe and Latin America which will come online before 2023.
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