Bboxx secures $8 million loan to boost Rwanda operations
The off-grid solar system supplier has received the finance in Rwandan francs to mitigate currency risk and expand operations in its biggest market.
First corporate PPA for large scale solar signed in France
Voltalia has secured a 25-year power purchase agreement from French retailer Boulanger for power generated by a 5 MW project. The off-taker has also committed to buying electricity from new wind and solar plants to be operated by the French developer.
China reveals details of first 15 GW of grid parity solar
Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.
Belgium: Flemish government grants feed-in premium of €0.078 to megawatt-scale floating project
The electricity produced by the floating array will power the Cable Park aquatic park, with surplus power injected into the grid. The project is part of a series of floating plants the Flemish government has been supporting since October.
Xinyi Energy completes Hong Kong IPO to raise $465 million
The solar plant operations business – spun out of the solar glass manufacturer – reportedly finalized its initial public offering this week. Final confirmation of the proceeds is expected on Monday.
Distributed generation the main driver for solar in Japan and the Philippines
Two reports have concluded rooftop solar may replace PV parks as the main growth driver in the two big Asian markets over the next decade. Support programs for utility scale PV in both countries no longer seem attractive enough.
GCL subsidiary commits to give $500,000 to parent companies – after banking around $493,000 from them
The latest stock market update from Hong Kong enables investors with sufficient patience to follow the money merry-go-round at the polysilicon producer.
Is Denmark ready for solar PPAs?
After a power purchase agreement for a 125 MW solar project was announced in February, similar deals appear to be cropping up. Danish PV analysts, however, warn of the potential risks of such a model and say the green commitments of big electricity consumers may not be enough to spur growth in the segment.
Daqo raises margin by doubling down relentlessly on costs
The Chinese polysilicon producer appears to be navigating a steady path to much bigger output without loading too much debt onto its shoulders – no wonder it feels able to cock a snook at its rivals.
Australia election: What can solar expect under Morrison’s coalition?
As India awaits the results of the world’s largest democratic election on Thursday, and the EU begins to go to the polls on the same day, pv magazine Australia considers the “miracle” victory by a right-wing Liberal-National coalition in Australia at the weekend, and finds the nation’s solar sector has little reason to rejoice.
