Bail-out leaves Chinese solar developer needing to raise $62.5m by summer
The twice-postponed $230 million investment which will see Chinese state-owned Beijing Energy acquire a 32% stake in Hong Kong-listed developer Panda Green has finally gone through. The developer now has five months to drum up enough to pay off two more of its other three state-owned backers.
Smart Energy Council rallies industry to halt decline of Australia’s renewables market
Renewable energy developers and investors have told Australian industry body the Smart Energy Council ‘they’re done. The sovereign risk in Australia is too great,’ according to the organization’s government relations manager, Wayne Smith. With prospects, employment and energy prices in jeopardy, the trade organization has vowed to petition policymakers for a bankable plan.
Syria launches tenders for 63 MW of solar
The Ministry of Electricity Transmission Establishment is seeking to build a 23 MW solar facility in Damascus and a 40 MW plant near Homs.
Court stops tree clearance for Tesla’s proposed Berlin gigafactory
The High Administrative Court of the Brandenburg region temporarily stopped preparatory work at the site in Grünheide, near Berlin at the weekend. A final decision from the local administration is expected “in a timely manner”.
Beijing to develop 500 MW of solar in Uganda
State-owned China Energy Engineering Corp Ltd said the PV capacity will be developed in two phases in a deal worth $500 million.
Mongolia kicks off solar-plus-storage tender
The 5 MW Uliastai solar-plus-storage project will be located in the city of the same name in the western part of the country, around 1,100km from Ulaanbaatar. The facility is part of a plan to deploy 40 MW of solar and wind generation linked to energy storage in the nation’s western and Altai-Uliastai regions.
Greece to install 3 GW of solar in mining regions
Greece has announced plans to install two PV projects at mining sites. The facilities are part of the national utility’s new strategy and in line with the country’s efforts to phase out coal.
Solar brings safe water to Bangladeshi coastal communities
F Cubed, an Australian company that specializes in solar-powered desalination systems, has landed a contract valued at almost $5 million to supply 1,140 units that will provide clean drinking water to around 30,000 people in Bangladesh.
Coronavirus could cause PV module, battery cell shortages in Australia
As the outbreak takes its toll on solar panel and battery manufacturing in China, Australia is bracing for disruptions in the supply chain.
California’s solar mandate to deliver more than 1 GW
From pv magazine February edition California’s new residential solar mandate, effective from the first day of 2020, is going to add more than 1 GW of PV over the next five years, according to analysts. The US state already has a nation-leading 26.2 GW cumulative PV installed base. The new solar building code is directed […]
