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China: Jolywood secures $25 million n-type bifacial module supply agreement

Jolywood (Taizhou) Solar Technology has signed a deal with a subsidiary of the State Power Investment Corporation Limited (SPIC) for the supply of 64.6 MW of its n-type bifacial 301 Wp solar PV modules.

Hungary to see record PV growth in 2018

The Eastern European country is expected to see between 300 and 400 MW of PV capacity deployed this year. This growth will be primarily driven by the FIT program, which closed in mid-2016. Net metered PV installations up to 50 kW represent another key market driver, while C&I projects between 50 kW to 500 kW have ground to a halt.

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China’s PV policy change led to Daqo’s wafer exit

The 31/5 PV policy change in China led to Daqo New Energy Corp.’s exit from the wafer manufacturing business. Around 450 employees are set to be made redundant.

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Repsol buys 264 MW solar project in southern Spain

After announcing its plan to invest in renewables in May, the Spanish oil group has now made its first move in the solar energy sector by acquiring a €210 project near Badajoz, in the southern Spanish region of Extremadura.

Mining sector to rely increasingly on renewables, report finds

As mining companies become more aware of the rapidly falling costs of renewables, wind and solar are set become a growing trend in powering mining operations worldwide over the coming years, shows a new report from Fitch Solutions. On the back of carbon pricing schemes, countries and companies operating in the Americas are best positioned to lead the way in the adoption of renewables in mining.

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Roshow to buy stake in Chinese developer for $218.4 million

Chinese industrial group, Roshow Technology has revealed plans to purchase a 92.3% stake in Shunyu Jieneng Keji, a PV project developer, in an asset restructuring deal valued at CNY 1.5 billion ($218.4 million).

Array Changing Technologies 2018: The winners

After plenty of deliberations from the jury of independent PV industry experts assembled by pv magazine, we are pleased to announce the top innovations selected in the Array Changing Technologies 2018.

Greenko calls off plans to buy Orange Renewable

Hyderabad-based renewable energy major, Greenko Group has abandoned plans to buy AT Capital-backed Orange Renewable.

Australia’s Victoria State awards 254 MW of solar in RE auction

Although initially expected to deliver around 650 MW, Victoria’s first renewable energy auction has smashed the goal, delivering 928 MW of renewable capacity. Six projects will be developed in total, three wind and three solar, under the state’s renewable energy target. In a separate announcement, the Andrews government promised to provide half price solar batteries for 10,000 Victorian households, if re-elected.

Akfen Renewables secures $52 million for 85 MW of PV in Turkey

Overall, the Turkish renewable energy company secured funds in the amount of €102 million, a sum that will be invested in wind and solar projects with a combined capacity of 327 MW. The lender was the European Bank for Reconstruction and Development (EBRD).

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