The company has also been granted a licence for the deployment of 12 MW of storage in the Netherlands.
The lawyer Michael Jaffé has been appointed as insolvency administrator of the German PV project developer. He is already in talks with potential investors.
Through the merger with the U.S. company, the Photovoltaik-Institute (PI) wants to gain a foothold in the world’s second largest photovoltaic market, the United States.
The solar project Planta Solar Núñez de Balboa, which was originally developed in 2012, is expected to sell power on the Spanish spot market.
European renewable energy investment platform Vortex, has sold a 45% equity stake in Vortex Solar Investments to Kumpulan Wang Persaraan (KWAP), Malaysia’s second largest pension fund, in a GBP 67.5 million transaction.
Starting from next year, the incentive scheme for solar in Austria will change. FITs will be prioritized for self-consumption projects. In addition, starting in March 2018, a nationwide storage incentive prorgam will be launched.
Wirsol has announced the acquisition of two solar projects totaling 16 MW, which are gearing up to begin construction in the U.K. Wirsol also says it has plans to expand this portfolio to around 150 MW over the next 18 months.
France’s PV sector demonstrates regained confidence in the future of solar PV in both domestic and foreign markets. This was the key takeaway from renewable energy event, EnerGaïa, which took place this week in Montpellier. Expectations are that the event is fast becoming France’s energy transition fair. pv magazine presents the four themes dominating 2017’s event.
SoLayTec B.V, a subsidiary of U.S. based equipment provider Amtech Systems, has announced a follow-on order from an unnamed customer for its atomic layer deposition systems, to be used in PERC cell production.
British Petroleum makes first move in PV since 2012 with acquisition of 43% stake in British renewables firm Lightsource.
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