Terra Firma moves forward with sale of Italy’s RTR
While Italian utility A2A has dropped out of the race to buy RTR; Enel, Eni and BP are reportedly shortlisted bidders for the acquisition. The Italian PV asset manager owns and operates 134 solar parks with a combined capacity of 334 MW across more than 100 municipalities in Italy.
Balkan update: Croatia, Bosnia and Herzegovina ready for their biggest PV projects, Macedonia inaugurates first module fab
With Republika Srpska, one of the two entities of Bosnia and Herzegovina, announcing a tender to build a 65 MW solar PV plant; Croatia planning a 6.5 MW solar PV installation, to be built on the Island of Cres; and Macedonia welcoming its first solar panel manufacturing plant, capable of producing 20 MW annually – it has been a busy period for the small solar markets in the Balkans.
Solarpack could be listed on Spanish stock exchange
The Spanish PV project developer is currently seeking ways to finance its solar project pipeline in India, Chile and Spain. Although the rumors have not been confirmed, listing on the Madrid Stock Exchange may be a option.
Schletter acquisition finalized
The new shareholder obtained business operations, and shares in the German solar PV company. This transition finalizes Schletter’s financial recovery.
India: Madhya Pradesh eyeing 2.2 GW rooftop solar by 2022
Madhya Pradesh recently floated a tender for the implementation of grid connected rooftop solar PV projects under the RESCO (renewable energy service company) Model. Manu Srivastava, principal secretary and commissioner, New and Renewable Energy Department, Government of Madhya Pradesh, and managing director of Madhya Pradesh Urja Vikas Nigam (MPUVNL), speaks to pv magazine about the tender and initiatives taken by the state government.
The China effect: Decreasing PV utilization rates, serious oversupply and future strategies
Independent energy analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.
TrendForce: Price war may begin due to overcapacity
The Taiwanese analysts expect that overcapacity will force some solar players to abandon their business or file for bankruptcy. IHS Markit also sees further price declines and consolidation in the third quarter, although it does forecast signs of a speedy recovery.
SolarEdge’s enters UPS market, $11.5 million Gamatronic acquisition closed
The Israel-headquartered power electronics supplier continues to diversify its business base as it closes its acquisition of UPS provider Gamatronic. Uninterruptible power supply is a multi-billion-dollar market expected to grow in the coming years.
Solar to reach 1.2 GW in Poland by the end of 2020
With around 300 MW of installed PV power at the end of May, Poland still needs volume to become a major European PV market. More capacity is expected to come online over the next years, however, as a result of the auction mechanism for renewables. Around 360 MW was allocated by the two auctions held by the Polish government, although only 27 MW of this is currently online.
Power2U energy management platform launched in Sweden
InnoEnergy has launched its energy management platforms with local partners in Sweden. The platform would help integrate renewable energy resources through battery storage management algorithms. An expansion into other markets is planned already.
