PLB Engineering unit to develop 20 MW in Malaysia
PLB Green Solar — a subsidiary of Penang-based construction group PLB Engineering — has secured approval to build the project from the Malaysian Energy Commission.
EIB and Eiffel Investment Group launch €200 million clean energy fund for bridge financing
The European Investment Bank and Eiffel Investment Group have launched a fund devoted to investments in the green economy in France and Europe. The fund will provide bridge financing for, among others, projects in the solar and storage sectors.
Russian JV to build 100 MW solar farm, 300 MW cell fab in India
Investment by a Russian firm in the Indian solar sector sees Miyota Power India – a joint venture between state-controlled JSC Minneftegasstroi and Akis Tech – collaborate with Al Ameen Green Energy on Tamil Nadu PV plans.
AU Optronics finishes Taiwan’s biggest rooftop PV project
The Taiwanese company completed the 9.87 MW installation — which consists of arrays on top of two of its liquid-crystal display factories — in late December.
Iran’s PV market expected to see strong growth over next 12 months
Between 750 MW and 800 MW of renewable energy generation capacity will be installed in Iran in the country’s current calender year. Most of this capacity will come from solar and wind. Meanwhile, the country has reached approximately 22 MW of cumulative installed solar capacity, as of the end of February 2017.
Uzbekistan set to launch 500 MW solar plan
The Government of Uzbekistan announced that five 100 MW solar plants will be installed in the country in the period 2017-2021. Total investments for the plan are expected to reach $1.1 billion.
India: NTPC commissions further 20 MW of solar at Bhadla
The National Thermal Power Corporation (NTPC) has commissioned solar projects aggregating 20 MW at the Bhadla Solar Park in Rajasthan.
Wärtsilä delivers 15 MW hybrid PV plant to Essakane Solar in Burkina Faso
The solar farm will be added and synchronized with an existing oil driven power plant. The hybrid power plant will serve a local gold mine, saving 18,500t CO2 emissions annually.
Tindo Solar, Australia’s only panel manufacturer, sold to SA company with big plans
Australia’s only solar panel manufacturer, Adelaide-based company Tindo Solar, has been bought by a local insulation company turned solar installer, Cool or Cosy, as part of a plans to create the largest solar retailer in Australia.
PV Crystalox posts lower shipments and revenue for 2016, closes UK ingot production
The UK-based polycrystalline wafer manufacturer posted a decrease in shipments and revenue in 2016. Its UK ingot production is expected to be closed this year due to “deteriorated” market conditions.
