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Finance

BBOXX secures $31m investment – as well as a top eco prize

Topping off a great week for the British next generation utility platform, BBOXX won the Zayed Energy Prize after receiving funding from the Africa Infrastructure Investment Managers fund to speed up roll out of its platform in Rwanda, Kenya and the Democratic Republic of Congo.

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Greece adds just 41 MW of solar in 2018

The amount of new PV added by Greece in 2018 is tiny but signals the sector has been restarted, mainly thanks to renewable energy tenders. However, significant challenges remain when it comes to meeting a 2020 solar energy target.

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PV rooftop simulators may unlock solar growth in developing cities

IRENA says technologies for 3D rooftop footprint generation and solar irradiation modelling are becoming increasingly cheap, making them suitable for deployment anywhere in the world. Developing cities across Africa and Asia could access such technical resources to plan rooftop PV development.

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Glass business Sunpartner Technologies files for insolvency

French BIPV glass manufacturer Sunpartner is seeking buyers for its two businesses after starting insolvency proceedings due to the lack of short-term funding.

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IRENA: Energy transition will see geopolitical “winners and losers”

The International Renewable Energy Agency has plotted the potentially dramatic impacts of a global transition to renewable energy from fossil fuels. Today’s A New World report notes the transition requires international cooperation to manage disruption, as it will leave behind countries and industries that fail to adapt.

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Astronergy will halt module production in Germany

The German subsidiary of the Chinese Chint Group will be restructured. The German site will in future focus on marketing and sales as well as areas such as customer care, logistics, customs clearance and other business-related services for European and global customers. More than 200 of the 230 employees will lose their jobs when production stops.

Acciona completes construction of 405 MW project in Mexico

The Puerto Libertad solar plant is located near the town of the same name, in the northwestern state of Sonora.

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Analysts expect stable prices along the PV value chain

Energy trend and PV Info Link assume little movement in prices for silicon, wafers, solar cells and modules in the coming weeks. The capacity adjustments of solar manufacturers, however, are set to continue.

China unveils an ambitious new push on grid parity solar

Beijing has outlined a series of policies mandating local and provincial authorities, state-owned banks and grid operators to pull out the stops to drive the rapid escalation of subsidy-free PV projects. The announcement has seen Chinese solar stocks on the rise.

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Luxcara acquires 121 MW solar project in southern Spain

The construction of the Guillena-Salteras plant in Seville will begin shortly, with completion scheduled for the second quarter of 2020.

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