SPI Energy unit to sell 4.8 MW in Japan
SPI Solar Japan, a wholly owned subsidiary of the Chinese PV group, has agreed to sell its entire interest in land and project development rights for 4.8 MW of PV capacity near Tokyo.
Engie plans to acquire RWE’s renewable energy unit Innogy, reports
The French energy giant is offering to acquire Innogy, the renewable energy unit of German power provider RWE. Innogy acquired German developer Belectric and its huge solar power plant portfolio in January.
Canadian Solar signs PPAs with SECI for 80 MW of solar in India’s Maharashtra state
The Chinese solar firm has finalized power purchase agreements with the Solar Energy Corporation of India for 80 MW of solar PV capacity awarded to the company under the recent Maharashtra tender.
Neoen secures 25-year PPA for 54 MW solar project in Zambia
The French developer has secured a 25-year PPA for Zambia’s largest PV plant. The project, which was selected in an auction held by the World Bank in 2014, will sell power to local utility ZESCO at US$0.0602 per KWh.
Etrion posts $110.4 million net loss in 2016
The independent power producer recorded a net loss of $110.4 million from its continuing operations — up sharply from $27.5 million a year earlier — due to impairment expenses totalling $75.7 million, in addition to a net deferred tax write-off of $6.9 million.
Power Electronics provides 275 MW of inverters for two Mexican projects
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
Enertronica secures engineering contract for 50 MW of solar in the U.S.
The Italian solar company has secured an engineering contract to build two PV plants totaling 50 MW in the United States. Furthermore, Enertronica has set up a new subsidiary in Delaware.
CEFC finances 165 MW at three sites in Australia
Clean Energy Finance Corp.’s (CEFC) has announced its latest round of solar financing, with A$77 million ($58.3 million) to support the development of three projects in the states of Queensland and Victoria.
Indian solar capacity triples in three years to push past 10 GW
Tweet by Indian power minister Piyush Goyal confirms that cumulative solar PV capacity in India has now risen beyond 10 GW, with a further 14 GW pipeline knocking at the door, and an additional 6 GW to be auctioned soon.
Vietnam greenlights $3.3bn worth of solar PV projects – reports
Country’s Dak Lak province grants series of MoUs and licences for a raft of solar PV projects, including a reported 300 – 500 MW solar farm to be developed by U.S. power firm AES Corporation and a mooted 2 GW project by local firm Xuan Thien Daklak, reports Reuters.
