EIB may finance 300 MW “unsubsidized” PV project in Spain
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
Engie acquires French solar developer Langa
The French energy giant has consolidated its new clean energy focus through the acquisition. The Langa group is expected to have operational PV assets of 165 MW in France by the end of the year.
JinkoSolar to supply sPower with 1.43 GW of panels
The massive order follows the 2.75 GW supply deal the Chinese manufacturer signed with NextEra, as it deepens its presence in the U.S. market.
China shakes PV world
The solar superpower’s departure from its ambitious PV targets has shaken the industry and put a dampener on share prices. Analysts from U.S. investment bank Roth Capital expect a module oversupply mountain of more than 30 GW as a result of the policy change.
Russia pre-qualifies PV projects totaling 554.3 MW for pending RE auction
Only a third of the projects, however, will reach the auction’s final phase, as the Russian government announced last year it would allocate 829.94 MW of wind and only 150.2 MW of solar in this round of bids.
How Trump inadvertently proved solar and wind are the future
The Trump administration’s domestic energy policy has attempted a focus on strategic safety to support coal and nuclear – with apparently zero concern for long term viability or cost – while forgetting that the sun shines everyday.
Dubai has 43.7 MW under net metering
Most of the capacity, around 27 MW, was deployed in the emirate over the past eight months.
China releases new provisions for PV development in 2018
A notification released yesterday by China’s National Development and Reform Commission (NDRC), Ministry of Finance, and National Energy Administration (NEA) provides new regulatory measures for PV installations in 2018. Further details are as follows.
Engie commissions 24 MW PV park in south west France
The project will produce nearly 32 million kWh per year, covering the annual electricity consumption of more than 13,000 people. The total amount invested in the park was €28.6 million.
Solar sets new record in Germany
PV systems set a new German record in May. According to preliminary figures from the IWR, photovoltaics produced just under 6 TWh of solar power during the month.
