Ingeteam secures 555 MW Mexican order
Spanish inverter maker Ingeteam has reported a massive order to supply Mexican projects, which it claims will increase its O&M services to cover 55% of the countries solar PV installations. Supply contracts are mostly related to central inverters, although string devices, as well as LV/MV transformers, MV cells, and LV switchgear are also included in the deals.
Meyer Burger sells Solar Systems unit to former board member
The Swiss PV equipment manufacturer will sell the division to Patrik Hofer-Noser. Both sides agreed to keep the purchase price confidential. Nevertheless, Meyer Burger assumes that the sale will result in a loss in the low single-digit million range.
Scotland issues EoI for energy efficiency measures including PV-plus-storage
The “Energy Efficient Scotland Transition Programme: Decarbonisation Fund for Social Housing” is aimed at helping building owners to improve the energy efficiency of homes and buildings in the commercial, public and industrial sectors.
Tunisia launches 500 MW solar tender
Through a new large scale solar tender, the Tunisian government intends to build five solar parks across several regions. Developers are now invited to submit pre-qualification requests.
Photon: Insolvency proceedings underway on publisher’s assets
Insolvency proceedings have been opened on the assets of Photon Production GmbH, which was recently renamed RE Production GmbH. The proceedings were opened upon request of a creditor.
Northern Ireland: 5 MW PV plant to power water treatment facility completed
The Northern Irish water provider NI Water is on track to reach 40% renewable energy production by 2021. A significant achievement, as the provider is among the largest energy consumers in the region.
Silver prices to fall by $4/toz by 2030, World Bank says
A recently published report on commodity markets published by the World Bank indicates that the recent decline in commodity prices for silver is likely to continue over the next 10-20 years. The looming trade dispute between the U.S. and China is impeding investor trust, as future outlook remains murky.
Montenegro announces 200 MW solar tender
As a first step towards executing a 200 MW solar tender, the Montenegrin government has planned a public invitation to lease land owned by the state at the Briska Gora – Ulcinj Municipality, where the array is planned.
SolarEdge posts 82% revenue growth, announces acquisition of Gamatronic
GAAP gross margin improved 4% year-on-year, while shipments grew by 345 MW in the most recent quarter. Through the acquisition of the U.S.-based UPS provider, the Israeli inverter supplier makes its first move outside of the pure-play solar sector.
Powerfield abandons plans to build 300 MW module factory in the Netherlands
The Dutch company said its project became unviable due to rapidly declining module prices. For its planned solar parks in the Netherlands, however, the company will rely on modules provided by the Dutch panel maker Energyra.
