Scatec reports strong revenue and profit growth
Most of the large revenue increase is due to construction revenues in Honduras and Malaysia and to project development margin on a transaction that the company closed with Norwegian oil producer Statoil in Brazil.
Around 5.2 GW of solar to compete in third round of Argentina’s RenovAr program
PV will compete with 3.8 GW of wind and a few hundreds of megawatts of less established renewable energy sources.
AES deploys 20 MW of storage in the Dominican Republic
AES Dominicana’s 20 MW storage system helped maintain the power grid operational during the passage of Hurricanes Irma and Maria.
El Salvador to launch solar auction in December or January
In the auction, El Salvador’s energy regulator CNE will select large-scale solar and biogas power projects. Meanwhile, PV is bringing down power tariffs in the country.
Ellomay buys 9 MW in Israel
Through this transaction, the Israel-based solar company has raised the capacity of its PV plant portfolio to 39.5 MW.
AustrianSolar begins construction on 98 MW solar park in northern Chile
The PV plant Huatacondo will be located 100 kilometers south of Pozo Almonte, in the Chilean region of Tarapacá.
CEFC provides debt finance for Australia’s first wind+solar+storage array
The Clean Energy Finance Corporation will provide $94 million as the sole debt financier of Australia’s first co-developed wind, solar and storage array. The 60 MW Kennedy Energy Park is being developed by Windlab and Eurus Energy and will combine 43.2 MW in wind capacity, 15 MW of solar PV, and 2 MWh of battery storage.
A2A buys another 17.8 MW of solar in Italy
Through this second operation in the solar sector, the operational PV plants owned by the Italian power and gas provider have reached a combined capacity of 38.4 MW.
Large-scale solar is not ready for the spot market in Portugal
In an interview with pv magazine, President of the Portuguese renewable energy association Apren, António Sá da Costa, has explained why solar and renewable energy power plants selling electricity to the spot market are still unviable in the country, and has urged the government to introduce auctions.
NPC Incorporated closes fiscal year 2017 with JPY 498 million ($4.4 million) profit
The Japanese equipment provider also reported an increase in sales of 19.2% for fiscal year 2017. In the machinery business, the company said, all of sales of the large-scale deal were booked as planned.
