The pioneering US solar developer will now be backed by Europe’s largest oil and gas company.
Panasonic’s development subsidiary has closed on a combination of tax equity and debt to provide financing for 120 MW-AC of solar plants that came online last August.
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have announced that two solar PV projects – one located in Mauritius and the other in Rwanda – will be receiving $25 million in concessional loans from ADFD, one in Mauritius and one in Rwanda.
In an interview with pv magazine, the Business Planning and Strategy Manager of Jordan-based consultant, Sina Industrial Projects Co, Ali Suleiman provides an extensive overview on the emerging Middle Eastern PV panel manufacturing industry. How much more this industry will be able to grow, however, remains unclear. It is also difficult to predict if big players will emerge on the Middle Eastern solar energy landscape.
All forms of renewable energy will be cost competitive with traditional generation sources by 2020. This was one of the key findings in the latest report from the International Renewable Energy Agency (IRENA). It was delivered yesterday at IRENA’s 8th annual Assembly in Abu Dhabi.
Negotiators of the three German parties have agreed on a common preliminary paper. They also agreed on additional tenders for large-scale solar and wind power projects, with a volume of 4 GW in the years 2019 and 2020.
The Taiwanese cell producer said it will use the funds to repay existing loans and finance operations.
The Chinese Tier 1 solar company had hoped to finalize the sale of six PV power projects in the fourth quarter of last year, but delays to necessary government approvals mean Q4 revenue is lively to be around $700 million lower than expected.
The Solar Energy Corporation of India (SECI) has postponed the 2 GW PV project tender until further notice. The company has also extended the deadline for expressions of interest for setting up solar manufacturing plants in India until January 29.