The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
The German PV company aims to finalize the proceedings, which are possible under German insolvency law since the summer of 2012. Business operations are expected to run at full capacity.
This new transaction is intended to support projects selected in Round 3 of Argentina’s renewable energy program for large-scale projects. The funds are expected to leverage private investments for an amount that should be nine times higher than the value of the guarantee.
The company, noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
The Hamburg-based solar and wind power plant operator saw its revenue and operating result increase significantly last year, thus exceeding its own forecasts.
Canadian Solar has recorded net income of about $99.6 million for 2017, up sharply from the preceding year, as its full-year PV module shipments jumped by roughly 1.6 GW on the year to 6.8 GW.
Belgium market update: Once among Europe’s leaders in solar PV deployment, with more than 1 GW of capacity added in its peak year of 2011, Belgium’s market lost momentum following the abrupt closure of generous subsidy programs. In recent years, driven by its residential PV segment, the country has experienced a solar comeback, which became particularly prominent in the year just passed.
Last year, the Chinese polysilicon maker saw robust demand for wafers and polysilicon, paticularly between the second and third quarters. Furthermore, the company said it achieved all its technological upgrade goals, and started construction on its new 20,000 MT polysilicon factory in Xinjiang in December.
Proposed utility-scale projects have begun piling up at the U.S. federal agency, as the end of the 30% Investment Tax Credit (ITC) draws closer.
This year’s auction will be carried out by Mexico’s energy regulatory commission, CRE. Final results will be announced in early November.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.