Solarpack posts strong Q1 revenue as it chips away at global backlog
The Spanish developer’s operating revenues reached €12.5 million in the first quarter of 2019, up roughly 35% from the preceding three-month period. EBITDA stood at €4.5 million, up 14% from the fourth quarter of 2018, suggesting that the company has been moving from strength to strength since listing its shares in December.
Solaria unveils 1.3 GW, €600mn Spanish PV pipeline
Solaria Energía y Medio Ambiente, S. A. has announced a global solar PV project pipeline of 2.3 GW, 1.3 GW of which will be deployed in Spain. Construction work is set to begin this year.
ET Solar selected for utility-scale projects in Palestine
The Chinese solar manufacturer and project developer has been selected to build, operate and maintain two utility-scale PV plants in Palestine.
India’s SECI announces 3.4 GW of RfS for solar projects
The Solar Energy Corporation of India Limited (SECI) has announced a slew of Requests for Selection (RfS) for the installation of various PV projects totaling 3.37 GW across the country.
Canadian Solar to develop up to 300 MW of solar in EMEA region
Canadian Solar Inc. has signed an agreement with Global Investment Holdings (GIH) to develop up to 300 MW of solar PV projects in Europe, the Middle East and Africa.
ReneSola records positive performance following restructuring
The Chinese solar PV project developer has posted positive earnings for both FY2017 and Q4, although it has not included its discontinued manufacturing operations in its latest financials. Overall, it has a project pipeline of 1.1 GW, big plans for Europe and a strategic investor interested in injecting US$31.6 million in its Chinese Holdco.
Longi plans 228 MW PV project, signs $787 million polysilicon supply agreement
Longi Green Energy Technology Co., Ltd has announced plans to build a 228 MW solar PV project in China. The Chinese vertically integrated solar PV manufacturer has also signed a 39,600 metric ton (MT) high purity polysilicon agreement with Daqo New Energy Corp.
Egypt’s largest PV plant inaugurated
German firm, ib vogt and Egypt’s Infinity Solar inaugurated first 64.1 MW PV farm in the Aswan Governorate, Southern Egypt this week. pv magazine, which attended the event, reports on the future plans of the two partners, and looks at the Egyptian solar market.
Japan’s JGC to construct 49 MW PV project in Vietnam
Japanese engineering company, JGC has been awarded a contract for the construction of a 49 MW (AC) power plant in Southern Vietnam. The contract has been signed with Gia Lai Electricity Joint Stock Company, a subsidiary of the TTC Group.
Acciona breaks ground on 404 MW solar park in Mexico
The solar complex, Puerto Libertad will be located in the state of Sonora. The project’s completion is scheduled for the fourth quarter of this year.
