LG CNS to deliver 40 MW of storage to Guam Power Authority
A subsidiary of South Korean conglomerate LG Group has bagged an order to deliver, operate and maintain 40 MW of energy storage for Guam Power Authority.
Queensland to auction off 400 MW of renewables under new $873 million energy strategy
The government of the Australian state has revealed plans to launch reverse auctions this year for as much as 400 MW of renewable energy capacity, in addition to 100 MW of energy storage systems, as part of a new A$1.16 billion ($873.2 million) investment.
Power Africa: focus on creating opportunities for USA exports
A working roundtable discussion on the USA’s commercial partnership with Africa depicts the changes in the American agency in the Trump administration era.
Arcelormittal increases capacity of metallic coated steel for solar applications
The French steel maker announced the production of its Magnelis coated steel will be increased in Avilés, northern Spain.
Austria has strong potential for solar-plus-storage
Although the central European country has a solar market with a stable growth, the residential solar-plus-storage segment is still far behind its strong potential. In 2016, around 500 storage systems combined with PV installations were installed under the incentive scheme in the country.
Australian solar disappointed by “tepid” Finkel review of energy market
The Australian Solar Council (ASC) suggests that the Finkel review into reforming country’s energy system has fallen short of the high expectations the industry had for it. The ASC’s John Grimes said that the report might help produce some “sensible” policy outcomes, it is far less ambitious in its vision as initial draft findings.
EBRD approves $500 million package for 750 MW of solar in Egypt
The funds will be used to finance 13 large-scale PV projects being developed under the country’s FIT scheme. All the projects will be located near Benban in Upper Egypt.
Australia: long-awaited report on energy transition is published
Australia’s chief scientist Dr Alan Finkel finally released its long-awaited report on how the country’s energy system is changing. The renewable sector had long hoped the report will set out a vision for the country’s transition to low-carbon electricity generation.
Aktif Bank and Halk Enerji set up joint venture to deploy 100 MW of solar in Turkey
The new company will develop both unlicensed and licensed PV projects. The joint venture is also expected to become a R&D platform for energy storage.
First Solar nails $63 million loan from Mizuho Bank
The U.S. based module supplier has secured a JPY 7 billion ($63.4 million) syndicated development loan facility for undisclosed utility-scale solar projects in Japan.
