Alten Africa secures $50 million for 45 MW PV project in Namibia
Alten Africa has secured up to US$50 million for its planned 45.5 MWp solar PV plant in Namibia. When complete, the generated energy is expected to meet 3% of the country’s energy needs.
SolarEdge launches inverter with EV-charging capability
Power electronics company, SolarEdge has announced the launched of an EV charging inverter in Europe.
BayWa enters Dutch solar market with 2 GW, €159 million deal
The Munich-based company will acquire a 70% stake in a solar PV project pipeline totaling 2 GW in the Netherlands through its renewable energy arm Baywa re. The transaction will have to be approved by antitrust authorities.
Gaza solar project receives $12 million in international backing
US$12 million in private finance has been earmarked for a 7 MW solar PV rooftop system in Gaza, Palestine. Up to 800 jobs are expected to be created.
Varta enters Australian residential storage market
German energy storage producer, Varta Storage has entered the Australian market. It is introducing the pulse 3 and pulse 6 models, sized at 3.3 kWh and 6.5 kWh.
Regulations clarifying the use of solar PV in Cambodia
On January 26, 2018, the EAC issued a set of regulations to clarify the general conditions for installing and operating solar photovoltaic (PV) systems in Cambodia. Kohe Hasan, partner at Reed Smith and director of Resource Law LLC (Singapore), and Kaknika Lin, assistant consultant at KPMG Cambodia Ltd provide a summary of the key regulations, in addition to discussing the country’s investment climate.
Egypt’s largest PV plant inaugurated
German firm, ib vogt and Egypt’s Infinity Solar inaugurated first 64.1 MW PV farm in the Aswan Governorate, Southern Egypt this week. pv magazine, which attended the event, reports on the future plans of the two partners, and looks at the Egyptian solar market.
The US residential solar market fell 16% in 2017
GTM Research and SEIA’s final report on the U.S. solar market in 2017 shows both the struggle of the residential sector, as well as a larger than anticipated fall in utility-scale volumes, leading to a 30% contraction overall.
Denmark preps tender scheme for PV projects up to 1 MW
The Danish Energy Agency has now submitted the scheme for a public consultation. The tender’s budget for 2018 amounts to around 105 million DKK (US$17.4 million).
India’s NTPC tenders 2.75 GW of solar projects
NTPC Ltd has released two solar tenders totaling 2.75 GW. The first will see 750 MW tendered in the state of Andhra Pradesh, while the second is tendering 2 GW for interstate transmission system (ISTS) PV to be installed anywhere across in India. Out of the Indian government’s 20 GW tender plan for the 2017-18 fiscal year, around 15 GW has already been tendered
