Utility Scale PV

Panda Green Energy has posted a loss of CNY 454 million ($67.6 million) for 2018, mere weeks before it starts to face deadlines to pay off a hefty amount of outstanding debt. By the end of December, the group’s current liabilities exceeded its current assets by about CNY 928 million.

Sharp has released three new high-efficiency mono-PERC solar panels. Ranging from 300 W to 370 W, the five-busbar modules are designed for use in a range of applications, from residential PV projects to large commercial installations.

U.K.-based Foresight will sell electricity from two 5 MW solar plants near Toledo to a unit of French steel manufacturer ArcelorMittal. The financial terms of the deal were not disclosed.

The United Nations Development Programme (UNDP) is seeking proposals for two IPP solar projects with capacities of 7 MW and 3.5 MW, with the larger plant to host some storage capacity. The projects will be awarded PPAs with the Gambia National Water & Electricity Company (NAWEC).

Rajasthan Electronics & Instruments (REIL) has invited bids to set up 1.7 MW (AC) of grid-connected PV projects with battery storage in India’s Andaman and Nicobar Islands. The projects — to be implemented on a turnkey basis on Havelock Island (Swaraj Dweep) and Neil Island (Shaheed Dweep) — will be awarded through competitive bids, followed by a reverse auction.

The Rome-based power and water utility said it plans to build new projects and acquire existing facilities in the secondary market. The move is part of the company’s €4 billion investment plan for the 2019-22 period.

French renewables developer Arkolia Energies is planning to build a 313 MW solar power project near Larzac, in southern France. The facility should be connected to a power-to-gas plant, but the project has already raised concerns among locals and environmentalist activists, which have started a petition on Avaaz to prevent its construction.

Amid the hubbub surrounding India’s renewable energy ambitions, few people have likely heard the last wails of a critically endangered great Indian bustard as it chars to death on a power transmission line or fatally collides with a wind turbine.

Ontario Power Generation (OPG) has completed the Nanticoke solar project on schedule and according to budget. The array has been built at the former Nanticoke Generating Station site, on the shores of Lake Erie near the town of Port Dover.

Solargiga Energy Holdings has posted a net loss of CNY 222.4 million ($33.08 million) for 2018, a sharp reversal from the CNY 107.5 million net profit it recorded in the preceding 12-month period.