Hevel Solar energizes four PV plants totaling 35 MW in Russia
The Russian solar company has connected to the grid four large-scale PV plants in Russia. Its solar operational capacity in the country has now reached 75 MW.
Manz expects to return to profitability this year
Large orders for the solar segment are expected to enable the company to return to profit in 2016. Last year, Manz was able to slightly increase its revenue, although it is still struggling with losses.
Welink and CTIEC bag EPC contract to build 220 MW PV plant in Portugal
Work on this huge solar project without subsidies is expected to begin in the first quarter of this year.
TerraForm raises another $86 million for Ontario solar projects
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as we wait on word of its settlement with SunEdison and potential sale to Brookfield.
EU supports Africa’s renewable energy and solar development with €300 million
The European Commission has decided to support the Africa Renewable Energy Initiative with €300 million ($317.7 million). The funds are intended to leverage up to €4.8 million ($5 billion) and to help finance 19 renewable energy projects totaling about 1.8 GW.
Colombia issues legislation for self-consumption
The Colombian government has published the decree that regulates the installation of renewable energy and solar power systems for self-consumption. The new regulation, which applies to systems up to 100 kW, simplifies the procedures for grid-connection and sale of excess power.
Enel Green Power converts Italian module factory to production of bi-facial, heterojunction technology
Italy’s ENEL will invest €80 million ($84.4 million) to convert its PV module manufacturing facility, in southern Italy, from amorphous silicon to bi-facial heterojunction modules. ENEL expects to launch its new modules in 2018 and to reach a capacity of 240 MW in 2019.
Norwegian solar market sees the light with 366% growth in 2016
Around 11 MW of new PV capacity was installed last year in Norway. The volume of new installations grew by 366% compared to 2015. This growth was mainly driven by the country’s regulation for self-consumption and the green certificate scheme.
Neo Solar Power confirms it will gradually exit polycrystalline production
The Taiwanese solar cell maker has confirmed to pv magazine that it will exit the polycrystalline PV business and will focus on its monocrystalline products. The company intends to gradually lower its polycrystalline PV capacity.
UK installs over 1.94 GW of PV in 2016
The UK installed almost 2 GW of new PV installations in 2016, according to provisional BEIS statistics. The country’s cumulative capacity now surpasses 11.49 GW. The largest increase in capacity during the year was registered in March 2016, before the Renewable Obligation scheme for projects smaller than 5 MWp was closed, with a one-year grace period for some projects.
