Italian developer Limes moves into Chilean market
With a 300 MW pipeline in the country that could potentially double in the near future, the Milanese business says Chile’s carbon-neutral ambition will maintain a strong market for solar.
Hydrogen buses for Bolzano, Italy
Canadian fuel cell manufacturer Ballard announces order for a dozen units as part of the European Commission’s JIVE initiative for hydrogen-powered public transport across the EU.
Solarcentury chief calls for policy support for UK solar on day Boris Johnson is anointed
The London-based developer revealed blockbusting annual figures which show it is debt free, has almost £20 million in the bank, raked in more than half that figure in net profits in 2018-19 and expects twice as much in a year’s time.
Sonnedix makes €201m financial close for Italian solar expansion
In a first disbursement, 41 smaller projects will be taken into the independent power producer’s portfolio. The Italian market appears to have been kicked back into life after announcements of generation capacity goals and with new large scale auctions planned for September.
Eni plans Italy’s first utility scale floating PV plant of 14 MW
Italy’s first floating PV installation is scheduled to be located at an artificial water basin in Brindisi, in the southern region of Apulia.
Italy to hold first 500 MW renewables auction on September 30
According to the new auction schedule approved by the Italian Ministry of Economic Development, three more renewables procurement exercises will be held each year in 2020 and 2021. Through the seven bidding rounds, the Italian authorities seek to allocate approximately 4.8 GW of new power generation capacity.
Interview: Fimer CEO Filippo Carzaniga discusses acquisition of ABB inverter business
After the bombshell news this week, the Italian inverter manufacturer’s CEO spoke to pv magazine about the future of ABB’s R&D hubs, manufacturing sites, hundreds of employees and of course Fimer’s outlook.
Renewables generation cheaper than coal for many power companies – but not yet for Eskom
An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.
ABB exits solar inverter business
This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.
Italy’s FuturaSun opens 500 MW module fab in China
The company has opened a 500 MW factory in Jiangsu province. The fab will produce monocrystalline multi-busbar modules and, according to FuturaSun, plans are already under way to double its capacity as it continues to take the fight to the big boys.
