Risen Energy to invest $1.58 billion to expand Chinese production facilities
Risen Energy has revealed it has committed to investing CNY 10 billion (US$1.58 billion) in the expansion of its solar PV cell and module production operations in China since December.
Roundup from the International Solar Alliance Summit 2018
The ISA founding ceremony, held on Sunday March 11 in New Delhi, India, was a highlight in the 2018 solar calendar. French President, Emmanuel Macron announced €700 million in support through loans and donations by 2022, while several other financial deals and MoUs were also signed. Indian Prime Minister, Narendra Modi further outlined 10 action points to help the spread of solar energy.
US: New York awards 647 MW of solar in 22 projects
With another 734 MW of wind and 3 MW of hydro, the results of the latest New York State Energy Research and Development Authority (NYSERDA) solicitation has been described as the largest state-level award of clean energy to date.
Eon plans to take majority share in Innogy
Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Jordan unveils who will participate in 300 MW solar, wind auction
Jordan’s Energy Minister says 45 companies have been selected as finalists to bid for the upcoming 300 MW solar and wind auction. Technical and financial details are to be submitted by the end of March.
Interview: GCL-Si CEO Eric Luo talks tech innovation
Eric Luo, the recently appointed CEO at GCL-Si, met with pv magazine at the recent PV Expo in Japan to discuss the company’s Japanese and global marketing strategies, technological innovation and China’s position in the PV market in 2018.
Australia: Global oil and gas companies step into large-scale solar – SERA
Oil and gas giants Total and BP are entering the Australian large-scale solar segment. Rystad SERA made the observation in its latest report.
Italy to launch series of mixed wind-solar auctions totaling 4.8 GW
New auctions for wind and solar projects exceeding 1 MW in size will be part of a new incentive scheme for renewable energy for the period 2018-2020, which is now under review by local authorities. In the first auction, planned for November, around 500 MW of wind and solar projects over 1 MW are expected to be assigned. The incentive scheme will also support solar and renewables up to 1 MW through specific tenders.
The weekend read: Sunshine for Fukushima
Solar in Japan: As Japan continues to wean itself off nuclear power, solar PV has assumed a vital role in aiding the transition to renewable energy. In Fukushima, a series of solar plants have already been installed, but one new addition to the region – a module fab – poses an altogether different set of challenges and opportunities, as pv magazine’s managing editor Ian Clover found out.
Big weekend: What will happen at the International Solar Alliance Summit?
The International Solar Alliance (ISA), now registered under the United Nations, is organizing its first summit to be held this Sunday, March 11. It is also set to host a founding ceremony of the ISA in the presence of French President, Emmanuel Macron, Indian Prime Minister, Narendra Modi and Bangladeshi President, Abdul Hamid. Government dignitaries of member countries are joining, and 51 solar projects will be signed.
