Hevel starts building 100 MW in Kazakhstan, expands pipeline to 178 MW
Hevel Group has started building 100 MW of solar in northern Kazakhstan. The project, which the Russian PV group claims will be one of the largest solar plants in the Commonwealth of Independent States, is part of its 178 MW pipeline in the Central Asian country.
Engie commissions 100 MW solar park in Belgium
Construction on the Lommel project started in October. The facility, owned by Flemish investment company Limburgse investeringsmaatschappij, will sell power to a zinc manufacturer and is also entitled to a premium of €0.0479 on top of the market power price.
India’s latest 1.2 GW of solar capacity awarded at $0.036 ahead of safeguarding duty fall
The Solar Energy Corporation of India’s 1.2 GW auction saw four companies – Ayana Renewable, ReNew Power, NYSE-listed Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at INR2.54/kWh. Avaada Energy landed the remaining 50 MW, at Rs2.55.
EDF to acquire Energy2market
German power distributor Energy2market intends to develop its international activity under its new French owner. The founding shareholders and Trailstone UK will sell their stock to EDF subsidiary Pulse Croissance.
Seychelles firms up 4 MW floating PV project
The installation will be Africa’s first privately financed, utility scale floating solar installation. A group of pre qualified bidders inspected the site and are expected to submit full technical and financial documentation by September.
REC Silicon suspension will hinge on G20 meeting between Trump and Jinping
The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.
Northvolt secures $1bn for battery gigafactory in Sweden
Initially, the company will construct a 16 GWh factory plus a joint venture fab with Volkswagen in Germany, which will also have a throughput of 16 GWh. Both factories could be extended to tap further into the large market for battery cells in Europe.
Norwegian wafer maker and US mounting system supplier join the solar gold rush
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
REC Silicon scraps shares placement because stock is cheaper in open trading
Stock in the polysilicon manufacturer appeared to be recovering in early trading on the Oslo exchange this morning after it cancelled plans for a private placement of as many as 50 million shares.
Solar could bring 200,000 jobs to the UK by 2030 – but only with government backing
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
