Enel and DIF invest $157 million in Australian solar project
The Italian power utility and the Dutch investment firm have agreed to acquire the first 137.5 MW of a 275 MW PV project under development in Australia. The second 137.5 MW project’s unit will be bought by the two companies later this year.
NPC Incorporated swings to profit in first half of fiscal year ending 8/2017
The Japanese equipment provider reported a profit of JPY 151 million ($1.3 million) for the first half of the current fiscal year. Revenue grew 231.3% year-on-year to JPY 2,227 million ($20.0 million).
Heraeus reveals global recruitment drive for 100 extra staff
The German silver paste specialist is ramping up its global team to support its strategic pivot towards becoming an integrated solution provider. Majority of new hires expected to be in China, company confirms.
Indonesia’s PLN signs deals for 45 MW of solar
State-owned utility PT PLN (Persero) signed agreements with six developers in late March to build PV projects throughout the Southeast Asian nation.
Saudi Arabia shortlists 27 companies for PV project
The Saudi Renewable Energy Development Office (REPDO) has announced a shortlist of 27 companies that will be invited to submit proposals for 300 MW of solar PV commissioned as part of the first round of Saudi Arabia’s National Renewable Energy Program (NREP).
Russia plans to introduce net-metering for residential PV
If approved, the new net-metering scheme would come into force by the end of this year. Power surplus woul be sold to the grid at a rate of RUB 1 ($0.0174)/kWh.
Hanergy claims return to profit in 2016 annual financial report
Hong Kong energy firm posts revenue of HK$4.48 billion in 2016, and reports profits of HK$252 million following the resumption of trading. Firm’s solar division reports solid results.
Schmid and MacDermid 2017 Technology Highlights award winners
Schmid Group and MacDermid Enthone have been selected as pv magazine’s 2017 Technology Highlights award winners. In late March, the prize jury of industry experts met to select the winners, from a shortlist of eight innovative new PV production equipment and materials. Dozens of entries to the award were received from suppliers worldwide. Alongside the two winners, the jury selected Sinton Instruments as worthy of special commendation as having provided the ‘Technology to Watch’ in 2017.
Sri Lanka seeks bids for 60 MW of large-scale PV
Sri Lanka’s Ceylon Electricity Board has issued a tender for the construction of 60 PV power plants with a capacity of 1 MW each. Bids must be submitted by April 26.
Kaco raises 2016 guidance on strong order increase
The inverter maker has significantly revised up its guidance after a strong start to 2017. The company said it had received several orders from the Middle East, Turkey and India.
