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Markets & Policy

REC Group posts 15% quarter-over-quarter module shipment slump

The Norwegian solar company shipped 276 MW of modules in the third quarter as the global slowdown in demand took hold. Shipments to APAC region nevertheless increased by 88%.

Jordan to build 20 MW PV plant to power water pumping stations

The latest news on Jordan’s stellar solar PV success is the European Union (EU) funding the development of a new PV plant sized 20 to 25 MW, to power water pumping stations across the country. pv magazine has gathered more details.

Bill Gates’ energy innovation fund commits to $1 billion in investment

The Breakthrough Energy Coalition is backing research on low- and zero-carbon technologies; however, their guidelines show a lack of understanding of solar technology and market development.

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Scatec Solar joins local Malaysian consortium to develop 200 MW of PV

The Norwegian solar developer is expanding its PV portfolio into South East Asia, after the signing of a partnership with a local consortium to build three solar parks, with a combined capacity of almost 200 MW.

Mobisol attracts EUR 14.6 million in fresh investment

World Bank Group member the International Finance Corporation (IFC) and Dutch development bank FMO have both made significant investments into German off-grid solar provider Mobisol, which will help the company expand and accelerate its business operations in East Africa.

Etrion sells 53.4 MW of solar portfolio to EF Solare Italia

The Swiss solar independent power producer has completed the first phase of its Italian portfolio sale to the joint venture, which is equally owned by Enel Green Power and Fondo Italiano per le Infrastructure.

Meyer Burger attracts further investment

The signs continue to be positive for Meyer Burger’s capital increase, as the Swiss solar equipment manufacturer has announced a fourth separate investor in just a couple of weeks, this time with an investment of CHF 10.8 million (USD 10.7 million).

Spain to auction 3 GW of renewables in the first half of 2017

The government of Spain has announced details of the next auction for renewable energy projects which it will launch in coming weeks and which will be open to multiple renewable energy technologies.

Greece’s inaugural PV tender awards 40 MW of solar capacity

Greece ran its first ever tender for solar PV yesterday, awarding 40 MW of PV capacity, with winning bids varying between EUR 79.97 and EUR 104 per MWh.

Morocco’s PV: 170 MW tender concluded; new solar and energy storage tender under way

Masen, Morocco’s public agency for the renewable energies, has provided to pv magazine details of the country’s latest solar PV developments. This is exciting news that will lead to Morocco adding some hundreds of new solar photovoltaic installations in the immediate years.

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