Covid-19 pushes German solar sector to request delay to grid-connection deadlines
Large solar parks awarded contracts under Germany’s tender scheme could lose funding if not brought online on time. The nation’s solar trade body believes the government should quadruple its annual PV deployment target despite an anticipated coronavirus-related hiatus in roll-out.
Bangladesh set for largest solar rooftop with industrial leasing deal
Indian company Mahindra Susten will provide engineering, procurement and construction services on a $1.7m, 3.1 MW array for a German-Bangladeshi knitwear company which will buy the power generated for $0.077/kWh.
Trina to re-list on Shanghai Stock Exchange
The Jiangsu-based PV manufacturer follows peer JA Solar in de-listing in the U.S. to return to its homeland. The board will hope to gain access to more funding as a result, and will also face less public scrutiny.
UN-backed fund to support solar businesses in Burkina Faso
A fund backed by the United Nations and the government of Luxembourg is helping companies to provide small solar PV systems and innovative cooking stoves in the economically challenged West African nation.
Solar growing faster than expected in Sweden
The Swedish Energy Agency this week said solar power supplies will increase from 400 GWh in 2018 to 1.7 TWh in 2022. Total energy supply in the country is expected to decline from 551 TWh to 526 TWh in the 2019-22 period, due to the shutdown of several nuclear power plants.
Shunfeng halts trading ahead of 540 MW project capacity sale
The planned disposal of more than a third of the Chinese solar company’s project portfolio would take a significant chunk out of its debt mountain but trading in company stock was halted this morning, pending an announcement in relation to the project sale. Shunfeng sold off German PV project monitoring business meteocontrol to another operation owned by its main shareholder at the end of last year.
Republika Srpska launches tender for 60 MW PV project
The Ministry of Energy of Republika Srpska is seeking proposals for its first large-scale PV project. The solar park is planned to be located in Bileća, in Bosnia’s southernmost part.
Slovakian government hands out €700,000 for residential solar in just 36 minutes
The national Green Houses Program grants incentives for the installation of solar water heaters, PV systems with a generation capacity of up to 10 kW, heat pumps and small wind turbines.
Finnish solar manufacturer extends vital fundraising exercise again
Valoe Corporation has extended its €3.5m convertible bonds issuance but with investors fleeing to safe havens and Lithuania yesterday announcing COVID-19 quarantine measures, hopes of getting cell manufacturing off the ground in Vilnius this month appear unrealistic.
Talesun to bet big on advanced technologies
Chinese solar manufacturer Talesun has announced plans to raise up to $226 million to expand PV cell and module production capacity by up to 2 GW, with a focus on heterojunction and TOPCon technologies.
