photovoltaic

The Middle Eastern country is now preparing to introduce a net metering scheme for decentralized renewable and solar energy projects under its National Renewable Energy Action Plan (NREAP).

The Norwegian solar developer has obtained a 25-year PPA for six PV power plants totaling 400 MW. The facilities will be located near Aswan in Upper Egypt.

The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.

Albania’s Ministry of Energy and Industry has received an application for a 1.7 MW PV project last week. This is one of several large-scale PV project proposals that were submitted to local authorities over the past few months.

The struggling Chinese module maker was able to reduce its losses in fiscal 2016. Revenue and shipments for last year, however, were down due to lower ASPs and lower utilization rate of production capacity.

The French independent power producer is planning the construction of a 200 MW solar facility in the Argentinean province of Tucumán.

The Czech solar developer intends to issue public bonds worth 500 million CZK ($19.9 million). The company will use the net proceeds to finance part of a 60 MW PV project pipeline in northern Chile.

The U.S. development unit of the Japanese CIS thin-film manufacturer has completed the sale of the 40 MW (DC) Midway II project in California.

The Armenian government said the new commission will supervise the development of six solar projects totaling 110 MW.

The Japanese group — which develops solar projects and provides PV systems solutions, in addition to EPC and O&M services — has warned of “substantial doubt” over its “ability to continue as a going concern,” largely due to the decline of its nuclear business in the U.S.