ReneSola to develop unsubsidized PV projects in France
China’s Renesola and Germany-based Green City Energy have formed a joint holding company, which will develop a combination of solar projects with and without government subsidies. The current French pipeline includes four PV projects totaling 69 MW.
JinkoSolar reveals details of US factory in filing
The plant will make modules based on 158.75 mm square P-type mono PERC cells, and JinkoSolar plans to begin operation in October.
IFC, EIB and EBRD commit $424.5 million in green bonds for emerging markets
Three of the world’s leading development finance institutions (DFIs) commit US$424.5 million of investment in green bonds, specifically for developing markets.
Acciona breaks ground on 186 MW of solar in Egypt
The Spanish renewable energy company is building three solar facilities at the Benban complex in partnership with Saudi company, Swicorp. The installations will rely on solar modules provided by Chinese manufacturer, Astronergy and trackers from the Spanish provider, STI Norland.
The sun shines brighter if the risks don’t cloud it
Finance in developing countries: Economics teaches that capital flows from where it is in surplus to where it is in demand. But that is not the case with renewable energy. The biggest pots of institutional capital in advanced economies are not shifting to developing ones. It is time to take a hard look and develop solutions that resolve this anomaly.
Cox Energy secures PPA for 660 MW of solar in Spain and Portugal
The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
Schletter files for insolvency under self-administration
The German PV company aims to finalize the proceedings, which are possible under German insolvency law since the summer of 2012. Business operations are expected to run at full capacity.
1.2 GW solar project at area of Chernobyl’s nuclear disaster is doable – Engie
The feasibility study was conducted by France’s Tractebel Engineering SA. The authors of the report concluded that the 1.2 GW solar park is feasible, despite the current radioactive contamination levels in the area.
Spain to again host solar cell manufacturing
The production unit of Spain’s five-year idled solar cell maker, Cel Celis has been acquired by Bashmor Engineering. The new investor plans to restart manufacturing activities at the factory in Bembimbre, and to double capacity to 70 MW within a year.
Tenaga Nasional signs PPAs for 60 MW in Malaysia
Tenaga Nasional Bhd. has signed power purchase agreements (PPAs) for two large-scale, grid-connected solar projects in Malaysia.
