Solar corporate funding rebounds in 2017 (w/ charts)
Venture capital, debt, securitization and project finance were all winners in 2017, as were solar stocks. However Mercom Capital warns that the pending Section 201 ruling could cause significant damage to the sector in 2018.
India’s AISIA opposes safeguard duty on imported solar panels and cells
The All India Solar Industries Association (AISIA) says the proposed safeguard duty will be counterproductive for the solar industry, and has called for differential anti-dumping duties for specific countries to be imposed, including China.
Jackonsville, Florida, courts global solar manufacturer
An un-named PV maker is seeking $54 million in state and local incentives to build its U.S. headquarters in the state, along with investing $410 million to build two factories employing 800 workers.
US: 43.5 GW of utility-scale solar proposed through 2020
While the U.S. Federal Energy Regulatory Commission (FERC) continues to struggle with reporting accurate data on existing solar, it has recorded a large volume of proposed projects over the next three years.
Shell awards PV projects to HTC in Oman
Shell Development Oman has awarded a contract to Hussam Technology Company LLC (HTC) to develop and install two solar PV systems at schools in Oman.
Gigawatt Global and Energiya to install 100 MW of PV in Ethiopia
The Dutch-U.S. solar developer and the Israeli company are teaming up to construct 10 solar power plants with a capacity of 10 MW each at several university campuses in Ethiopia.
ACWA Power gets financing to deploy 165.5 MW at Egypt’s Benban solar complex
The Saudi energy company will build three solar facilities under Round 2 of the country’s FIT program.
Germany: Renewables covered almost all demand on New Year’s morning
This happend when electricity demand was at the very low level of 41,000 MW.
Longi to invest $300 million in 5 GW module plant in China
Longi Green Energy Technology has revealed plans to invest CNY 1.95 billion ($299.5 million) in the construction of a 5 GW solar module assembly plant in eastern China.
The weekend read: Solar’s new fertile crescent
Middle Eastern PV: The Jordanian solar sector has enjoyed near-constant growth in recent years, proving that it is a market founded on a sustainable and reliable base. Investors have been wondering for a few years whether Egypt can follow Jordan’s example successfully, and the signs are good that 2018 will prove to be a strong year for Egypt’s solar development. pv magazine explains the forces driving this optimism.
