Two strategic M&A transactions announced in the French PV sector
French solar project developer, Solstyce and rooftop PV specialist, Enerpur are merging into a single company; while France-based building materials provider, Terreal has become the largest shareholder of mounting system provider, GSE Integration.
Tariffs in Greece’s PV tender hit €62.97 per MWh
Greece’s energy regulator has published the successful solar PV and wind bids, which were awarded under the country’s renewable energy tender on Monday. The lowest tariff awarded was €62.97 per MWh for a solar project.
Portugal’s regulator greenlights plan to expand grid capacity
The plan is necessary to the further development of big solar parks in the southern part of the country. Overall, €474 million will be invested in grid enhancement over the next four years.
India: Madhya Pradesh eyeing 2.2 GW rooftop solar by 2022
Madhya Pradesh recently floated a tender for the implementation of grid connected rooftop solar PV projects under the RESCO (renewable energy service company) Model. Manu Srivastava, principal secretary and commissioner, New and Renewable Energy Department, Government of Madhya Pradesh, and managing director of Madhya Pradesh Urja Vikas Nigam (MPUVNL), speaks to pv magazine about the tender and initiatives taken by the state government.
Thin film manufacturer, Calyxo finds new investor
TS Group GmbH has taken over the entire business of the insolvent PV manufacturer. All of the German company’s 130 workers will continue to be employed. Production of cadmium telluride thin film PV modules at the Bitterfeld-Wolfen site, near Berlin, will continue.
Scatec secures third large-scale PV project in Ukraine
The Norwegian developer, which is already developing two solar plants totaling 83 MW in the Eastern European country, has now secured an agreement to build a 47 MW facility in the Mykolaiv region in south Ukraine.
India: ACME Solar wins 600 MW project at lowest ever Indian tariff
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
The China effect: Decreasing PV utilization rates, serious oversupply and future strategies
Independent energy analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.
United States: Texas to get its biggest solar plant at 315 MW-DC
Innergex purchased the rights to develop the massive Phoebe solar power plant on the day that the project received a full notice to proceed with construction.
Oman to launch another 500 MW solar IPP tender by the end of 2018
The tender is part of a new plan by the Oman Power and Water Procurement company (OPWP), which envisages the deployment of 2 GW of solar through four 500 MW IPP tenders. One of these was launched by the Middle Eastern country in December of last year.
