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 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.
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.
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.
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.
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.
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.
Electricity company Celsia will begin work on a 9.9 MW project in March, and grid connection is expected later in 2017.
European Commission VP Frans Timmermans says new 18 month tariff period proposal will be put to the 28 EU Member States later this month. SolarPower Europe says move goes in right direction, but could go further.
While it is little known for its solar power potential, PV deployment has increased in the Scandinavian country over the last two years. Community projects, a drop in prices for solar panels and a retail company have been the main drivers of this development.
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