Kong Sun posts $7.9 million profit in 2016
The Chinese PV investment group recorded a profit of 54.8 million yuan ($7.96 million), from a loss of 98.9 million yuan in 2015, as it more than double the size of its operational solar portfolio.
First Solar to supply 48.5 MW solar farm in Australia
First Solar closes another Australian project, to supply the Manildra Solar Farm project. The project reached financial close today, with RCR O’Donnell Griffin named as EPC. Construction is set to commence within three months.
Shunfeng expands 2016 loss forecast
Shunfeng International Clean Energy (SFCE) expects to record a loss of 2.4 billion yuan ($349 million) for the 12 months to the end of December 2016.
India: Further 250 MW of solar capacity retendered by NTPC in Karnataka
National Thermal Power Corporation addresses concerns regarding infrastructure issues at the Pavagada Solar Park in the retendering of five, 50 MW blocks of capacity.
Algerian renewable energy sector raises doubts on 4 GW solar tender
Parts of Algeria’s renewable energy sector is questioning the 4 GW solar tender recently announced by the Algerian government. Provisions on domestic content requirements and the large share that state-owned entities will have on the ambitious solar plan are seen as the major obstacles for its implementation.
Moldova’s new renewable energy law comes into force, solar expected to see first growth
A new renewable energy law will come into force in the Eastern European country on April 1. Solar and wind are expected to see their first development in the country after several years of almost zero-growth.
Vietnam province taps Korean government for assistance on 500 MW solar project
Government of Vietnam’s Yen Bai province teams with South Korean renewable energy developer Solkiss to finalize plans to develop 500 MW solar project at Thac Ba Lake. Solkiss will request Korean government financial assistance for the project.
Lightsource brings 38 MW of solar capacity online in Northern Ireland
The British renewable energy developer commissions 32 MW solar energy project comprising five interconnected sites, and further 6 MW installation at Millar Farm in Antrim.
Redox flow batteries on the rise
Video interview: prices for redox flow batteries are sinking, while installed capacity increases steadily. Lorenzo Grande, technology analyst at IDTechEx, explains here the opportunities and limitations of flow technologies, and how the related market will likely develop.
QSTec begins manufacturing activities at polysilicon factory in Qatar
The Qatar-based polysilicon manufacturer has begun producing polysilicon at its factory in Doha. The facility has a current annual production capacity of 8,000 MT, but QSTec confirmed its plans to expand it to 50,000 MT.
