Nord LB finances Danish solar parks
The German bank will provide around €40 million. Part of the money is earmarked for PV projects awarded contracts in the first cross-border tender between Germany and Denmark.
Construction begins on 168 MW project in Vietnam
Singapore based developer Sunseap International has announced the start of construction on 168 MW project located in Ninh Thuan Province in the south of Vietnam. According to Sunseap, the project will be the largest built to date in the Association of Southeast Asian Nations (ASEAN) region.
IHS Markit lowers 2018 outlook for world PV market to 105 GW
The market research company expects the Chinese market will decline by 15 GW this. Part of this slow-down, however, will be off-set by lower module prices and accelerated demand across markets with pent-up demand. Furthermore, it forecasts another wave of oversupply, low profitability and consolidation in the industry.
Solarcentury take charge of 44 MW Dutch solar farm
The project is being developed by Solarcentury and Encavis, who are working on what they claim is the “largest [PV] farm” in the Netherlands, near the city of Eindhoven.
Chinese government stands firm in face of PV industry lobbying
Representations by big beasts of global PV win only a partial concession from the authorities in Beijing, with officials agreeing to honor FIT payments for any ground mount projects connected during the next three weeks.
Brazil’s Cemig buys 431 MW of wind and solar in own auction
Selected wind and power plants will supply electricity to the Brazilian utility under a 20-year PPA, starting from 2022.
World’s largest li-ion battery and 707 MW of solar power in Colorado proposal
Xcel Energy’s 120-day report to Colorado regulators includes an additional 1.1 GW of wind at 1.1-1.8¢/kWh. Solar power bids have come in at 2.2-2.7¢/kWh, and solar+storage at 3.0-3.2¢/kWh.
Risen Energy gets financing for 40 MW project in Kazakhstan
Around $31 million in funds will be provided by the European Bank for Reconstruction and Development (EBRD). The project is located in the Karaganda region.
Swaziland issues tender for its first solar park
The Lavumisa 10 MW Solar PV Plant be located in the homonymous area in the southeastern part of Swaziland. The Swaziland Electricity Company (SEC) intends to develop the plant on two phases of 5 MW each.
Solaredge: Designing rooftop system with new web-based software
With a growing global residential PV market, software solutions to optimize rooftop systems have spawned. Last year the PV market grew by 29% with no sign of decelartion in sight. Optimizing installations and making them as convenient as possible has thus become a hotter market recently.
