Markets & Policy

AIB: Renewables continue to grow at a rapid pace across Europe

The demand for green electricity in Europe, documented with Guarantee of Origin (GOs) has grown by 5% in 2016, now reaching nearly 370 TWh. Solar and wind are stepping up to challenge large hydro.

Canada: Soventix to develop up to 140 MW across six sites

German-based project developer Soventix is set to develop up to 140 MW of PV in Alberta, Canada. The company is currently planning six projects with capacities ranging from 15 – 45 MW near the cities of Calgary and Edmonton.

Turkey adds 571 MW of solar PV in 2016

Turkey has installed 571 MW of new solar PV capacity in 2016, making it the best year for the country’s solar sector. 2017 is expected to be equally good, while a few worrying signs are on the horizon from 2018 onwards.

Tokyo Gas, Shizen Energy launch solar development venture

The liquefied natural gas distributor and its partner plan to start jointly developing an initial 60 MW of capacity “as soon as possible,” according to an online statement.

The pv magazine weekly news digest

The Toyota Prius gets rooftop solar, Fraunhofer and Hevel push multicrystalline and HJT efficiencies, Saudi Arabia begins 300 MW tender process and Tesla publishes its Q4 2016 financials – welcome to the week that was.

AES dives deeper into clean energy with SPower acquisition

The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.

Foresight Solar Fund acquires 49.6 MW UK PV plant

Second large-scale solar investment in 2017 sees the London-headquartered investment firm snap up the Sandridge solar farm in Wiltshire, southern England.

JA Solar preliminary 2016 figures suggest raised shipments, revenue

The Tier 1 solar company ups its projected module and cell shipments projection above guidance figures to 5.1 GW to 5.2 GW, with revenue for the year expected to be around $2.2 billion.

Renova surges on Tokyo trading debut

Shares of the Japanese renewables developer — which has a solar portfolio of 270 MW — jumped ¥675 ($5.98) to an opening-day closing price of ¥1,425 on the Tokyo Stock Exchange’s (TSE) Mothers board.

ARENA backs deX project to deliver open-source digital marketplace coupling distributed solar-plus-storage and grid services

The Australian Renewable Energy Agency (ARENA) is providing $450,000 (US$346,000) towards the Decentralized Energy Exchange (deX) project, which aims to produce an open-source software platform on which grid services can be provided and monetized by distributed battery storage. A combination of Australian utilities, research bodies, and startups are collaborating on the $930,200 ($715,000) deX project.