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Finance

Central Bank of Brazil launches two more solar tenders

Brazil’s biggest lender wants to secure solar power through a leasing arrangement. The central bank expects to buy around 8 GWh of electricity per year for its agencies in the state of Bahia and another 2 GWh in Ceará.

When losing a few PV panels can cost millions of dollars

European satellite operator Eutelsat has revealed one of the two solar arrays on its recently launched 5 West B satellite has been lost. Only 45% of the craft’s generation capacity can be operated, hitting the company’s bottom line to the tune of $5-10 million.

China holds firm on strategy to build self-sufficient domestic polysilicon industry

The Chinese government will extend duties on U.S. and South Korean polysilicon for another five years from today despite committing to buy $200 billion more American goods and services in the trade deal signed on Wednesday. Poly manufacturer REC Silicon says it expects polysilicon to form part of that trade agreement.

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German development bank to fund Bangladesh canal-top PV study

Renewables authority official tells pv magazine the nation’s irrigation canals could host almost 1 GW of solar generation capacity.

Panda Green update: shareholder China Merchants shaken down for $260m

The debt-saddled developer has turned to another of its state-owned backers to dig it out of a hole as it scrambles to raise $242 million in eight days.

Solar is gaining traction in MENA region – but plenty of obstacles remain

Solar deployment continued to pick up in the Middle East and North Africa in 2019, the Middle East Solar Industry Association has said in its annual report.

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Germany’s special PV tender concludes with average price of €0.0568/kWh

Tariffs ranged from €0.0470 to €0.0620 as the solar power price rose from the last national procurement round, which settled at €0.0459-0.0520 in October for an average €0.0490/kWh. Some 501 MW of generation capacity was allocated in the latest exercise.

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Panda Green showcases its full portfolio

The embattled developer today published what appears to be a sales pitch as it seeks urgent investors ahead of an eight-day debt deadline.

Solargiga hits 10% revenue rise – on back of 48% more shipments

The Chinese manufacturer had to ship a lot more ingots, wafers, cells and modules to secure a modest rise in returns, according to its unaudited 2019 figures.

Singulus scores €50m CIGS production kit order from unit of China’s CNBM

The German PV equipment provider has agreed to supply manufacturing equipment for CIGS thin-film solar panels to the CNBM Bengbu Design and Research Institute for Glass Industry, a subsidiary of cement producer China National Building Material.

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