An internal U.S. government watchdog is looking at the loans which kick-started large-scale solar in Chile, after at least three of five solar projects have made moves to restructure these loans.
First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
The company aims to build what would be one of the country’s largest PV arrays near a high-voltage substation in Queensland’s Lower Wonga region. Via the substation, the project would supply electricity to cities and towns such as Gympie, Gin Gin, Teebar Creek, Mungar, Kilkivan and Brisbane.
IDFC Alternatives is reported to be in talks to buy First Solar’s 200 MW renewable power assets in India.
The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
First Solar closes another Australian project, to supply the Manildra Solar Farm project. The project reached financial close today, with RCR O’Donnell Griffin named as EPC. Construction is set to commence within three months.
The Moapa Southern Paiute Solar Project is the first of four planned by First Solar in partnership with tribes in the Las Vegas area.
The French developer has secured a 25-year PPA for Zambia’s largest PV plant. The project, which was selected in an auction held by the World Bank in 2014, will sell power to local utility ZESCO at US$0.0602 per KWh.
Mizuho Bank arranged the ¥27 billion ($240 million) syndicated loan for the array in Ishikawa prefecture.
Along with initiative partners Huawei, sonnen, Suntech, S.A.G, innogy and First Solar, pv magazine will be exhibiting as part of the Integrated Energy Plaza at the 2017 Hannover Messe. The Solar Premium exhibition space will herald solar PV’s arrival as a major energy player at the iconic industrial trade show.
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