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Mobisol acquires Lumeter for software, product expansion, and data

Acquisitions within the off-grid solar space are still rare. Mobisol recently acquired Lumeter for their software capability, opportunities for product expansion, and data on customer repayment.

Interview: Soltec CEO Raúl Morales discusses the energy yield advantages of trackers

The CEO of Soltec talks to pv magazine about the firm’s solar trackers, its innovation process and the ability of tracker technology to improve plant owners’ returns on investment.

REC Group orders $12.4m worth of diamond wire cutting tech from Meyer Burger

The Norwegian solar manufacturer has awarded the CHF 12 million contract to Swiss equipment firm Meyer Burger to supply its DW 288 Series 3 diamond wire cutting technology. Shipment will start in Q3.

Tesla teams with Neoen to build 129 MWh lithium-ion battery in Australia

The installation will be paired with a wind farm in South Australia. At 129 MWh, it will become the world’s largest lithium-ion battery projects, and is being developed in conjunction with French renewable energy firm Neoen.

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EBRD launches loan scheme for rooftop solar in Romania

The European Bank for Reconstruction and Development (EBRD) has launched a new framework aiming to help Romanian households to invest in energy efficiency, renewable energy and water-saving solutions. Solar PV is also part of the framework, which is the first serious effort to support the development of rooftop PV in the country.

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NCLAVE supplies fixed structure for 25 MW solar PV project in Japan

The structure and tracker supplier is seeking to consolidate its presence in the Japanese solar market.

Recom acquires French solar maker Sillia VL, plans to triple fab capacity to 150 MW

The German-headquartered solar manufacturer has acquired the Brittany-based solar firm for an undisclosed fee, but added that it will seek to boost production capacity at the Lannion site to 150 MW by the end of the year.

Aldi UK pledges rooftop PV expansion

The German supermarket chain aims to install 96,000 solar panels atop its stores and distribution centers across the U.K. by the end of the year.

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Turkey: Tunçmatik’s subsidiary secures $73 million credit from Aktif Bank

The accumulative capacity of solar PV plants, which will be developed with the help of the funds at eight locations across Turkey, amounts to 70 MW.

India: ACME Solar receives $108m funding injection from Piramal

Haryana-based solar power developer has received financing in the form of flexible credit, designed to allow ACME Solar to draw on and repay funds over the duration of the loan agreement.

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