Ecoprogetti awarded 250 MW PV production line in Vietnam
Italian solar equipment manufacturer, Ecoprogetti has finalized an order for a 250 MW PV production line in Vietnam. The glass-backsheet line will be installed by June 2018, according to to the company.
Engie secures Italy’s first private PPA for “grid-parity” solar
The French energy giant will sell electricity under a five year PPA to the four Italian facilities of Austria headquartered brick and roof tile manufacturer, Weinerberger.
Solar trackers: Record 2017 shipments; up to 20 GW expected in 2018
Last year saw record levels of global solar tracker shipments, reports GTM Research. It forecasts even bigger growth in 2018, despite continued consolidation. NEXTracker held on to the top spot once again, while Latin America became the biggest market.
UK’s PV capacity tops 12.8 GW
Around 46% of the country’s installed solar PV capacity comes from power facilities exceeding in size 5 MW, while another 20% is represented by residential systems up to 4 kW.
India: Shell may acquire majority stake in Fourth Partner Energy
Shell is rumored to be interested in acquiring a majority stake in Fourth Partner Energy, a rooftop solar power firm based in Hyderabad, India.
Sonnen to establish battery factory in South Australia
German battery and solar energy company, sonnen GmbH will move its Australian headquarters from Sydney to Adelaide, where it will also establish a manufacturing hub.
BNEF: Australia ties with Germany as fastest growing residential storage market
Australia is on the cusp of a residential battery storage boom. The Climate Council published the forecast last week in its Fully Charged: Renewables and Storage Powering Australia report. BNEF confirms with pv magazine that as a result of the rapid growth, Australia sits alongside Germany as the fastest growing market for residential battery storage.
Albania grants first two FITs licenses for PV projects up to 2 MW
The projects will be awarded a feed-in tariff (FIT) contract with a regulated tariff of €100/MWh.
UK: Ikea teams up with Big Clean Switch to promote clean energy
Swedish retail giant, Ikea is encouraging people to follow its lead by joining forces with the Big Clean Switch, in a bid to promote a 100% renewable electricity tariff.
State Grid of China’s offer to acquire Brazil’s CPFL Renovaveis judged too low
The renewable energy unit of the Brazilian power distributor, CPFL Energia is the largest shareholder in the country’s distributed solar energy business. The Initial Public Offering (IPO) from the Chinese utility, however, has been deemed too low by the Brazilian securities market authority.
