CEFC offers $44.5 million of financing for 43 MW in Australia
The Clean Energy Finance Corp. (CEFC) will provide AU$60 million ($44.5 million) in financing to RATCH-Australia to turn an idled coal-fired plant in Collinsville, Queensland, into a 42.5 MW solar array.
SMA holds firm as inverter revenue leader, with Huawei topping shipment charts, says IHS Markit
Latest market data from analysts shows that Huawei shipped the most inverters last year, followed by Sungrow, while SMA, Huawei and SolarEdge pulled in the most revenue worldwide.
Armenia publishes tender for 55 MW solar project
All pre-qualified bidders are invited to submit project proposals by June 16. The project is part of 110 MW pipeline that the government is supporting through a recently created ad hoc commission.
China installs 7.2 GW of solar in Q1
The 7.21 GW of fresh capacity that was completed in the January-March period marks an increase of just 70 MW from the first three months of 2016, according to the National Energy Administration (NEA).
Kyocera’s net profit falls 4.8% to $925 million in 2017
The Japanese group’s net income attributable to shareholders fell from JPY 109,047 million ($970.9 million) to JPY 103,843 million in the 12 months to the end of March 2017, partly due to declining sales from its solar business. It did not reveal its total PV module shipments for the year.
ET Energy builds 26 MW of solar across the UK
The projects were commissioned on behalf of clean energy investment group Octopus Energy Investments and are eligible for a 1.2 ROC subsidy.
Scatec Solar sees turnover and profits grow in first quarter 2017
The Norwegian PV project developer and independent power producer had 322 MW of operational PV plants at the end of the latest quarter, while its project pipeline had reached 745 MW.
Algerian government expects reference price of $0.04/kWh for 4 GW solar tender
The Algerian Minister of Energy said that the reference price for the first round of the upcoming auction is not expected to surpass 4 DZD/kWh (approximately $0.04/kWh).
India misses 2016 renewable target by 5 GW
Despite installing record capacities of solar power, India’s renewable energy additions for financial year 2016-17 were 11,319.17 MW – some 5,340 MW below the targeted capacity, data shows.
USTDA helps Kenya build 40 MW solar-plus-storage power plant
The U.S. Trade and Development Agency will partner with Kenya-based engineering services provider Xago Africa on the development of the project. U.S. battery maker Suniva will supply a battery that will be combined with the facility.
