France’s 50 MW tender for self-consumption ends up with only 2 MW of power assigned
The failure of the tender depended on a series of factors, the most important of which was the clarification of policy around fiscal exemptions for solar self-consumption in the case of third-party investment.
India: The first solar plant bid at INR 2.44 expected in August
The Indian Ministry of New and Renewable Energy (MNRE) says the nation will exceed 175 GW of installed renewable energy capacity as plans for bidding for 115 GW of renewable power projects to March 2020 were announced. The target for PV parks has been increased from 20 GW to 40 GW with some 41 parks in 21 states – with aggregate capacity of more than 26 GW – already sanctioned.
Shanghai Electric reveals plan to acquire 51% stake in GCL-Poly’s polysilicon unit
Shanghai Electric values the GCL polysilicon unit, Jiangsu Zhongneng, at around 25 billion CNY ($3.9 billion). Trading of shares of both companies was suspended today, pending the official announcement of the transaction.
China steps in to fill US solar void in the occupied territories
With Palestinian developers keeping a low-profile since the advent of the Trump administration, Chinese government money is funding PV projects to support electricity supplies in the disputed nation’s crumbling infrastructure.
Canadian mining company strikes gold with 7MW Namibian PV plant
Vancouver-based B2Gold says the new facility up and running at its Otjikoto mine is “one of the first fully-autonomous hybrid plants in the world”. The Canadian company is mulling leaving the 7 MW scheme in place for the nearby community after the mine closes.
EIB may finance 300 MW “unsubsidized” PV project in Spain
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
Engie acquires French solar developer Langa
The French energy giant has consolidated its new clean energy focus through the acquisition. The Langa group is expected to have operational PV assets of 165 MW in France by the end of the year.
BNEF expects 34% fall in PV module prices in 2018
The organization is expecting carnage throughout the solar value chain as the result of reduced policy support for deployment in China.
Greek researchers hit new efficiency landmark for single-junction OPV cells
While intriguing, OPV technology has yet to achieve the commercial efficiency yield to be a serious competitor. Research institutes and companies worldwide are exploring compound and manufacturing methods as organic PV yields rise.
JinkoSolar to supply sPower with 1.43 GW of panels
The massive order follows the 2.75 GW supply deal the Chinese manufacturer signed with NextEra, as it deepens its presence in the U.S. market.
