Bboxx secures $8 million loan to boost Rwanda operations
The off-grid solar system supplier has received the finance in Rwandan francs to mitigate currency risk and expand operations in its biggest market.
First corporate PPA for large scale solar signed in France
Voltalia has secured a 25-year power purchase agreement from French retailer Boulanger for power generated by a 5 MW project. The off-taker has also committed to buying electricity from new wind and solar plants to be operated by the French developer.
US-China trade war may lead to dumping of Chinese steel into India
The contraction in Chinese trade flows to the U.S. is likely to result in the dumping in India of Far Eastern electronic and electrical components as well as steel, iron, chemicals and plastic products.
China reveals details of first 15 GW of grid parity solar
Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.
Belgium: Flemish government grants feed-in premium of €0.078 to megawatt-scale floating project
The electricity produced by the floating array will power the Cable Park aquatic park, with surplus power injected into the grid. The project is part of a series of floating plants the Flemish government has been supporting since October.
Transformation of support system for renewables following introduction of renewable energy auctions in Ukraine
Following the adoption of the Law of Ukraine “On the Electricity Market” (the Electricity Market Law) in 2017, which set out the legal framework for the new electricity market design and the role of renewables within it, the renewable energy sector has been developing rapidly in Ukraine.
Xinyi Energy completes Hong Kong IPO to raise $465 million
The solar plant operations business – spun out of the solar glass manufacturer – reportedly finalized its initial public offering this week. Final confirmation of the proceeds is expected on Monday.
Distributed generation the main driver for solar in Japan and the Philippines
Two reports have concluded rooftop solar may replace PV parks as the main growth driver in the two big Asian markets over the next decade. Support programs for utility scale PV in both countries no longer seem attractive enough.
GCL subsidiary commits to give $500,000 to parent companies – after banking around $493,000 from them
The latest stock market update from Hong Kong enables investors with sufficient patience to follow the money merry-go-round at the polysilicon producer.
20MW floating-ground mount PV project gets 25-year PPA in Malawi
The plant is being developed by German company Droege Energy as an unsolicited IPP project. The electricity produced by the floating array will be bought by local utility Electricity Supply Corporation of Malawi Limited (ESCOM).
