Solargiga posts $34.7 million net loss in 2016
The Chinese PV manufacturer fell from a 2015 net profit of 16.4 million yuan ($2.4 million) to a net loss of 239.1 million yuan in the year to the end of December 2016.
The pv magazine weekly news digest
No Trump, no Musk: just a week filled with excellent technological breakthroughs, encouraging acquisitions and market growth, and just a hint of Brexit-themed fake news. But the good kind.
NRG begins moving solar, wind O&M in-house
The U.S. power giant shifted 2.5 GW of solar and wind projects to its internal operations and maintenance team in 2016, and is planning on sending another 900 MW in-house this year.
Zambia issues tender for 500 MW of large-scale PV capacity
Zambia’s Industrial Development Corporation Limited (IDC) has issued a Request for Prequalification for the construction of several large-scale solar plants across the country. Selected projects will be developed under the ‘Scaling Solar’ initiative.
Solarex Istanbul: Key takeaways from the Turkish trade show
Solarex Istanbul, the PV trade fair, opened its gates yesterday for the tenth edition of the exhibition. After attracting some 20,000 visitors last year, organizers are optimistic that this year’s attendance will exceed 25,000.
Spending less, getting more: renewables more cost-effective than ever in 2016, finds UN report
The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.
Engie’s solar offensive embraces Algeria
The French energy giant has showed strong interest in Algeria’s 4 GW solar plan. The general director of the company has discussed plans about solar and gas with the local ministry of energy.
Brazil has 70 MW of installed solar power under net metering
In March, PV systems totaling 2.8 MW were installed in the Latin American country under the net-metering scheme.
Italian solar market expected to grow by another 1.5 GW by 2020
The Italian energy agency GSE forecasts that a further 1.5 of PV capacity will be installed by 2020. Good business opportunities are also expected to come from the storage sector.
UK: 150 MW of new solar PV each month for next 12 months, says National Grid
National Grid, the UK’s transmission system operator, and the UK Office for National Statistics published separately some interesting data regarding the country’s solar PV sector.
