Turkey’s Smart Energy talks quality and customer proximity – Video interview
Turkish EPC and module manufacturer, Smart Energy highlighted the importance of high-quality products and the perks of operating a giga-fab right at the gates of Europe to pv magazine at this year’s Intersolar Europe.
ACWA Power sells 24% stake in 700 CSP project to Chinese concern
The Saudi-based energy company has sold a 24.01% stake in its 700 MW CSP project to China’s Silk Road Fund.
Lebanon receives 75 submissions for its 300 MW solar-plus-storage tender
The deadline for submitting an expression of interest to build a solar-plus-storage plant in Lebanon expired on July 12. Overall, a total of 75 submissions were received.
Enviromena begins installation of 500 MW PV in Egypt, Jordan
The EPC provider, which is active in the MENA region, announced that it expects a 900 MW pipeline shortly. The company was recently acquired by U.K.-based Arjun Investment Partners and reportedly has increased its staff size by 30% this year. The company cites an increasing interest in asset diversification and good economics as reasons for MENA’s investment in solar PV.
Turkey authorizes foreign-currency loans for already approved unlicensed PV projects
The measure is intended to reduce domestic foreign exchange exposure for investors and developers of PV projects up to 1 MW (and solar parks consisting of several 1 MW units). Prior to these new rules, only licensed PV projects exceeding 1 MW in size were granted this kind of financing.
MENA’s largest solar C&I project: An O&M challenge
Together with its asset construction division, Oryx Solar System Solutions LLC (Oryx), Phanes Group is delivering the Middle East’s largest distributed solar project. Stefanos Lialios, Head of Project Execution at Phanes Group in Dubai in the United Arab Emirates (UAE) spoke to pv magazine about the challenges faced in building and operating the landmark project, and finding the right equipment and solutions to address these challenges.
Oman to launch another 500 MW solar IPP tender by the end of 2018
The tender is part of a new plan by the Oman Power and Water Procurement company (OPWP), which envisages the deployment of 2 GW of solar through four 500 MW IPP tenders. One of these was launched by the Middle Eastern country in December of last year.
SolarEdge’s enters UPS market, $11.5 million Gamatronic acquisition closed
The Israel-headquartered power electronics supplier continues to diversify its business base as it closes its acquisition of UPS provider Gamatronic. Uninterruptible power supply is a multi-billion-dollar market expected to grow in the coming years.
Inverters get smart at the 2018 Smarter E
Inverter manufacturers tapped into the major theme of digitization in their product presentations at this year’s Smarter E event in Munich – of which Intersolar Europe is a part of. The solutions deploy smart software solutions for maximizing self-consumption, O&M provision and enable hybrid architectures across all three market segments.
Dubai’s largest solar plant to host pilot storage project based on NGK’s NAS Batteries
The Japanese provider will supply NAS Battery Systems with a combined capacity of 1.2 MW, and a storage capacity of 7.2 MWh. The batteries will serve Phase I of the 1 GW Mohammed bin Rashid Al Maktoum Solar Park.
