SunPower signs supply deal for 125 MW of P-Series modules
The supply deal with NextEra Energy Resources signals a radical shift in strategy for the struggling manufacturer and is the first major test of its novel module design.
EDF to deploy 23.7 MW of solar in France, creates storage unit in North America
The French energy giant keeps expanding into the renewable energy business. Its France-based unit EDF Energies Nouvelles will build PV plants totaling 23.7 MW, while its US division EDF EN has created a new subsidiary for distributed solar and storage projects up to 30 MW.
EBRD commits €300 million to Greece’s renewables
The European Bank for Reconstruction and Development (EBRD) has announced a framework committing up to €300 million of new financing for Greece’s renewable energy sector. The timing is crucial, since the Greek electricity sector is expected to undergo fundamental changes very soon.
“We should work all together for the future of energy”
Interview: SolarPower Europe has appointed Wacker Chemie’s Christian Westermeier as new president. pv magazine spoke with the outgoing president Oliver Schäfer about the reasons behind his unexpected resignation and the future of PV and the energy market in Europe.
Hanwha Q Cells and Adler Solar sign 25 MW repowering deal
The South Korean solar firm will supply its Q.Plus modules to German services provider Adler Solar to install at older solar sites in need of upgrade and repowering. The option remains open for Adler to upgrade the supply deal to 30 MW.
JA Solar posts 16% revenue, 25% shipment year-on-year increase in 2016
A solid fourth quarter ended a good year for the Tier-1 Chinese solar company, where shipments topped 5.2 GW and revenue reached $2.3 billion.
Armenia builds third 1 MW PV plant under special tariff regime, announces plans for module factory
The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016. Construction on the country’s third 1 MW solar project under this regime has now begun. Furthermore, the Ministry of Energy has announced plans for Armenia’s first module factory.
NEXTracker expanding manufacturing operations in India
The solar tracking specialist has signed expanded partnership deals with five local companies that will increase the volume of its steel produced locally to 80%, thereby lowering shipments into India by as much as 50%.
ET Solar begins work on ACWA’s 60.9 MW solar plant in Jordan
The German subsidiary of ET Solar is building a 60 MW PV plant in Jordan for ACWA Power. Construction on the project is expected to be completed within ten months.
CGN New Energy’s profit narrows in 2016
The Chinese independent power producer’s profit attributable to shareholders plunged 23.5% year on year to $79.5 million, as revenue slid 6.7% to $1.07 billion in the 12 months to the end of December.
