Yingli posts $355 million net loss in Q3
Yingli Green Energy’s net loss widened to RMB 2.3 billion ($354.9 million) in the three months to the end of September, from just RMB 335.4 million a year earlier, as its PV module shipments fell roughly 48% from the preceding quarter to 597.7 MW.
AMP Capital invests €245 million for RE development in Neoen
The French independent power producer will use the funds for the development of 1.6 GW of wind and solar in France and Australia.
China to tackle curtailment with new PV monitoring system
China’s National Energy Administration (NEA) has revealed plans to monitor and evaluate PV projects to help channel investment into parts of the country where solar curtailment is less of a problem.
Vattenfall’s Dutch unit Nuon to build 200 MW of PV
The company has also been granted a licence for the deployment of 12 MW of storage in the Netherlands.
India’s DISCOMs to manage nationwide rooftop PV deployment under new $3.6bn MNRE scheme
The Ministry of New and Renewable Energy will make available $3.6 billion to distribution companies in India to boost their deployment of rooftop solar PV projects under Phase-II of the National Solar Mission.
Phoenix Solar’s newly appointed insolvency administrator in talks with potential investors
The lawyer Michael Jaffé has been appointed as insolvency administrator of the German PV project developer. He is already in talks with potential investors.
Floating electrolyzer for PV powered hydrogen
Scientists at New York’s Columbia University have a developed a floating device, which uses PV generated electricity to convert seawater into hydrogen.
India’s SECI to roll out 10 GW floating solar tender
The Solar Energy Corporation of India will invite expressions of interest (EOI) from developers eager to build, own and operate floating PV installations at selected sites across the country.
Eni and Sonatrach to develop more solar projects in Algeria
The two oil and gas companies, which started the construction of their first PV project in May, are now identifying sites at Sonatrach’s facilities in Algeria, with the aim of building more large-scale solar power plants.
Brazil awards 574 MW (AC) of solar in A-4 power auction
Solar was the prevailing source with an 85% share in all of the assigned capacity. Final average price for solar was 145.78 BRL ($43.88) /MWh.
