More than a year after the world’s largest renewable energy developer went under, Judge Stuart Bernstein has approved a deal that will allow it to emerge from bankruptcy proceedings over the objections of shareholders and two investors.
Solar had the largest share in Spain’s renewable energy auction, leaving wind power, which won all the allocated capacity in the previous auction, with just 720 MW.
The company has increased the mine’s PV power generation capacity to 674 kW with the supply of another solar container.
The provisional insolvency administrator of the German module manufacturer is now in talks with a potential investor for the acquisition of the company’s German manufacturing facilities in Freiberg and Arnstadt. Around 1,200 employees will be transferred to a transitional company.
The Spanish developer has built the project for Balam Fund, which acquired it in April 2016.
The project is the first phase of the 2.8 MW Pirallahi PV power plant and part of the Government’s 2014-2020 energy strategy which aims to deploy over 600 MW of solar by 2020.
The Italian company will provide technical assistance for the implementation of a net metering scheme for decentralized renewable and solar energy projects under Bahrain’s National Renewable Energy Action Plan (NREAP).
The Talasol Solar PV power plant will be located in Talaván, Cáceres, in the southern region of Extremadura. Israeli solar company Ellomay acquired the project in May.
In 2016, the North European country saw the addition of 19 MW of new PV systems. As the Finnish economy seems now to be reviving after several years of stagnation, solar (and especially community solar) may become even more interesting for homeowners and businesses.
The U.S. manufacturer will provide its modules for 157 rooftop projects totaling 26.8 MW and three ground-mounted PV plants equaling 3.1 MW, that will all be located in France.
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