Ukraine’s Naftogaz begins investing in solar power
The nation’s oil and gas provider is building its first small-sized PV projects at facilities operated by Ukrtransgaz, the Ukrainian gas transport system.
Rural India offers a $50bn opportunity for clean energy innovations
The farming sector alone offers a potential $40bn marketplace, thanks to rice transplanting, pesticide spraying and grain harvesting – says the Council on Energy, Environment and Water thinktank.
ARENA backs corporate PPA platform aiming to drive 5 GW of Australian renewables
An AUS$500,000 capital injection from the arms-length, state-funded renewable energy organisation takes to $800,000 the amount of public money which will be donated to a $1.74m project designed to make procuring clean energy easier for business and local authorities.
Dutch battery maker signs agreement for €1.6bn Chinese gigafactory
Lithium Werks has ambitious plans for a global chain of utility-scale production lines that has secured the backing of the Netherlands government and PM Mark Rutte, as EU leaders contemplate a post-US trade future.
URE gets $90m financial backing from Taiwanese government
Taipei will invest in the company through its National Development Fund and government-run glass manufacturer Yao Hwa Glass Co. Ltd.
Meyer Burger to lay off 100 workers and relocate most of PV business to Asia
There may be a much-vaunted ‘solar renaissance’ in the offing for Europe, but it hasn’t come quickly enough for the Swiss PV equipment supplier, which wants to handle most of its sales and services from China.
Decentralized solar-plus-storage would fire sub-Saharan Africa
According to a UC Berkeley study, the falling costs of storage technologies will make it possible for Sub-Saharan countries to rely on decentralized systems based mainly on solar-plus-storage, bringing access to electricity to more than 600 million people.
Solargiga sees shipments increase slightly, revenue decline 11.1%
In the first three quarters of 2018, the Chinese solar manufacturer shipped approximately 1.75 GW of PV products – 3.5% more than it did in the same period of 2017. Revenue from the manufacturing business, however, fell by 12.6%, while total revenue drop was 11.1%.
Japan’s NPC posts 35.3% revenue growth for fiscal 2018
The Japanese equipment provider said its machinery business for the PV industry accounted for almost all of its sales in the latest fiscal year. It expects an increase in both revenue and profits in current fiscal year.
Bpifrance, Tikehau invest €150 million in Greenyellow
Upon completion of the transaction, the French national development bank and the asset manager will hold a 24% joint stake in GreenYellow. Funds will be used to help the Groupe Casino subsidiary accelerate its development phase.
