According to provisional figures, the amount of PV capacity operating in the Norwegian-Swedish electricity certificate market, mostly located in Sweden, has almost doubled in 2016.
The Norwegian developer had a project backlog of 1,143 MW and a project pipeline of 745 MW at the end of the second quarter.
The Norwegian polysilicon producer saw its revenue drop slightly Y-o-Y to $61.0 million in the latest quarter. Average solar grade polysilicon prices, on the other hand, dropped by 6.9% from the previous quarter.
The new robot may make manual cleaning of large-scale solar PV plants a thing of the past.
The Norwegian PV project developer and independent power producer had 322 MW of operational PV plants at the end of the latest quarter, while its project pipeline had reached 745 MW.
Quarterly financial results from Norwegian based polysilicon producer REC Silicon show a drop in revenue from $80.4 million the previous quarter. EBITDA for the quarter was $4.6 million, also down from $4.9 million in the previous quarter.
The governments of Sweden and Norway have come to an agreement on how the electricity certificate system for renewable energies will be further implemented. The joint market-based support system of the two Scandinavian countries is open to power plants utilizing biofuels, wind, solar, hydro and tidal energy.
The Norwegian solar developer saw a significant increase in revenue in 2016. Project backlog also increased to 731 MW. Last year, Scatec secured 309 MW in new projects in Malaysia, Mozambique and Brazil.
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