Markets

Saudi Arabia begins tender process for 300 MW PV plant

The Saudi Arabian Ministry of Energy, Industry and Mineral Resources today announced its first request for qualifications under the National Renewable Energy Program (NREP), as the Kingdom looks set to make concrete progress in renewables deployment after several years of stops and starts.

Better Energy completes 23.6 MW of projects in Germany

Danish solar developers Better Energy today announced the addition of four sites with total capacity of 23.6 MW to its portfolio in Germany.

SunPower & First Solar to supply projects in France

SunPower has announced that it will supply 64.4 MW of its high efficiency E-Series solar panels to seven PV power plants in France. Meanwhile, First Solar has announced that it will supply 106.5 MW of its thin film modules to power 14 power plants under the third round of procurement initiated by France’s Energy Regulatory Commission.

Foresight purchases first Australian PV power plant, with 25 MW Barcaldine project

Britain’s Foresight Group had made its first investment into large scale PV in Australia. It announced today the acquisition of the 25 MW Barcaldine Remote Community Solar Farm in Queensland.

GCL-SI signs Mexican distribution deal with DMSolar

GCL System Integration (GCL-SI) did not disclose the financial terms of the master distribution agreement, under which Guadalajara-based DMSolar will offer the Chinese PV maker’s components, as well as its GCL-P6/60 and GCL-P6/72 panels.

Yingli again faces prospect of NYSE delisting

The Chinese PV module supplier has 90 days to regain compliance with the listing standards of the New York Stock Exchange, according to a letter it received last week from the market regulator.

Nuon to combine 70 MW of solar with wind farms in the Netherlands

The Dutch subsidiary of Swedish energy giants Vattenfall has announced plans to add 70 MW of PV capacity at six windfarms located across the country. Plans to include storage applications at at least one of the sites are also in the works.

Kong Sun surpasses 1 GW in China

The solar investment group’s cumulative installed capacity in the country hit 1.15GW at the end of December, up from 950.3 MW in late June 2016, according to a statement to the Hong Kong stock exchange.

Sumitomo Corp. to develop 32.3 MW in Fukushima

The Tokyo-based group will oversee construction of the ¥13 billion ($114.3 million) project in the city of Minamisoma, on the east coast of the Japanese island of Honshu.

IRENA Director: UAE’s and Saudi Arabia’s move to solar is genuine

The United Arab Emirates (UAE) and Saudi Arabia announced recently new energy strategies towards renewable energy development, prompting the renewable energy sector to question whether this shift is genuine.