Insolvent storage manufacturer Kolibri Power renamed Colibri Energy
Kolibri Power Systems AG will continue operating under the name Colibri Energy GmbH. Despite ongoing insolvency proceedings, the energy storage company has been processing orders and developing new products.
BYD: EVA-free solar modules, 3 new energy storage batteries
At this year’s Intersolar Europe, BYD introduced a solar PV module without EVA, which promises an extended service life and improved efficiencies. Production is expected to reach up to 500 MW in 2016. It also unveiled a new battery and two energy storage systems.
SoftBank to launch USD20 billion SBG Cleantech
Japanese telecommunications giant SoftBank is partnering with Bharti Enterprises and Foxconn to develop USD$20 billion in solar projects in India. The venture will be called SBG Cleantech, with Softbank providing $10 billion of capital and leveraging its expertise acquired in the Japanese solar market.
ABB picks up substation contract for DEWA solar expansion
Switzerlands ABB has landed at US$20 million order from the Dubai Electricity and Water Authority (DEWA) to extend a substation, to facilitate solar park expansion plans. ABB will conduct works that will allow the phase II of the Mohammed bin Rashid Al Maktoum solar park from 100 MW to 200 MW.
Off-grid digest for June 19
Tanzania primed for micro and off-grid projects, new on and off-grid inverter and other African opportunities. A fortnight’s off-grid news, curated by specialist editor Pete Carvill
New 10 MW plant shows the possibility for development in Germany
While Germanys large scale solar sector has more-or-less come to a standstill, the potential for profitable projects has been demonstrated by a new 10 MW plant. ISM developed the project in Germanys east, with Hanwha Q Cells supplying the modules.
Leading German solar players call for end to minimum price
Wacker, Baywa r.e. and MVV, three major German companies in the energy sector, have called for an end to the minimum price regime applied to Chinese modules. The companies claim the minimum price regulation is standing in the way of German market growth.
TerraForm Power prices public offering of common stock
TerraForm Power today announced the pricing of its underwritten public offering of 15,750,000 shares, or approximately $599 million, of its Class A common stock at a price to the public of $38.00 per share.
Greece turns to lignite
Greece’s electricity market operator LAGIE published this week the country’s latest renewable energy statistics concerning the first four months of 2015. According to LAGIE’s report, Greece installed 7 MW of new photovoltaics from January to April. Specifically, all new installations were added in January and February, while in March and April there was no installation activity at all.
World Bank supports 80 MW solar installations in Honduras with guarantees?
The growth of investment in solar energy in Honduras continues at breakneck speed. MIGA, which is part World Bank, has guaranteed an investment of US$56.7 million for three SunEdison projects in Hondurus.
