Suriname to pre-qualify contractors for three MW-sized PV projects
The process will be conducted by the Caribbean Development Bank for the government of Suriname with $33m of public funding making up the balance from a $65m line of financing provided by the bank.
Hungary to see record PV growth in 2018
The Eastern European country is expected to see between 300 and 400 MW of PV capacity deployed this year. This growth will be primarily driven by the FIT program, which closed in mid-2016. Net metered PV installations up to 50 kW represent another key market driver, while C&I projects between 50 kW to 500 kW have ground to a halt.
Mining sector to rely increasingly on renewables, report finds
As mining companies become more aware of the rapidly falling costs of renewables, wind and solar are set become a growing trend in powering mining operations worldwide over the coming years, shows a new report from Fitch Solutions. On the back of carbon pricing schemes, countries and companies operating in the Americas are best positioned to lead the way in the adoption of renewables in mining.
Roshow to buy stake in Chinese developer for $218.4 million
Chinese industrial group, Roshow Technology has revealed plans to purchase a 92.3% stake in Shunyu Jieneng Keji, a PV project developer, in an asset restructuring deal valued at CNY 1.5 billion ($218.4 million).
Array Changing Technologies 2018: The winners
After plenty of deliberations from the jury of independent PV industry experts assembled by pv magazine, we are pleased to announce the top innovations selected in the Array Changing Technologies 2018.
Greenko calls off plans to buy Orange Renewable
Hyderabad-based renewable energy major, Greenko Group has abandoned plans to buy AT Capital-backed Orange Renewable.
Egypt wants cheaper solar bids, lowers bar to $0.025/kWh
The Egyptian Electricity Transmission Company (EETC) has informed all participants of a tender for the deployment of 600 MW of PV capacity in the West of Nile Area that it won’t accept bids exceeding US$0.025/kWh. In its tender for the 200 MW Kom Ombo solar project, the lowest bid, submitted by Saudi energy company ACWA, was $0.02752.
India: Industry reacts to 25% duty; developers to cough up extra $72 million
From cheer to gloom, the Indian solar industry has had mixed reactions to the Supreme Court’s interim order lifting the stay on the imposition of a 25% safeguard duty on imported solar cells and modules.
Sony lays out plans to go 100% renewable by 2040
Japanese electronics giant, Sony has become the latest major organization to commit to a 100% renewable energy target for all of its operations. The company has joined the RE100, a global NGO initiative promoting renewable energy, and plans to reach its target by 2040.
Blockchain solar PV investment fund comes together with energy storage platform
Solar DAO, a digital, autonomous, closed-end, utility-scale PV project investment fund, has announced its partnership with Powerchain, decentralized platform for energy storage, which allows prosumers to buy, store and sell energy.
