Acwa Power secures PPAs for 165.5 MW of solar in Egypt
The Saudi Arabian power group will build three solar plants at the Benban solar complex, where most of the projects developed under Egypt’s FIT scheme are being constructed.
Australian EPCs face survival of the fittest
As competition increases, some players are likely to exit Australia’s EPC market despite a surge in projects entering the pipeline, finds SERA.
Smart Solar begins building 34 MW in northern Japan
Smart Solar has started installing 34 MW of solar on the Japanese island of Hokkaido. The project will include 14.4 MWh of lithium-ion storage capacity.
Cubico closes financing for 350 MW PV plant in Mexico
The Cubico Alten Aguascalientes Solar PV Project will be built in in El Llano municipality, in the state of Aguascalientes.
Daqo’s net profit slides to $12.1 million in Q2
Daqo New Energy reported a net profit of about $12.1 million in the second quarter of 2017, down roughly 47% from the preceding three-month period, as the Chinese polysilicon producer’s revenue fell more than 9% to about $76 million.
Solar markets see increase in total funding in first half of 2017
A total of $4.6 billion was raised in 97 deals in the first half of 2017, up from $4.5 billion in 79 deals in the respective period last year, shows information published by industry analysts Mercom Capital Group.
Argentina introduces VAT exemption for renewable energies
The exemption will relate to purchasing, manufacturing and importing of components to build renewable energy power projects.
France helps Ukraine launch 1.2 GW solar hub in Chernobyl
The French government will provide an unspecified sum to conduct the feasibility study for the giant PV project.
British university to drive £7m Indian BIPV solar project
Swansea University will lead a consortium of 12 British and Indian universities on a £7 million project to build five solar-powered buildings in remote Indian villages that will be fully self-sufficient.
Brazil to hold energy auction including solar in December
Solar, however, was excluded from a second energy auction planned for December, which will select wind, biomass, hydro, coal and natural gas-fired combined cycle plants. The Brazilian association ABSOLAR has urged the government to include PV in this auction too.
