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.
Energía Hoy, pv magazine group launch pv magazine Mexico
Trade publishers energía hoy and pv magazine group have partnered to launch a new website – www.pv-magazine-mexico.com – and weekly newsletter to cover the fast growing Mexican solar PV market.
India: Utility-scale solar plants completed in Odisha, Karnataka
IBC Solar has completed the installation of a 27 MW solar PV plant in the state of Odisha, while Sunsure Energy installed 20 MW across two plants in Karnataka.
China bucks forecasts to install 9.65 GW of PV in Q1, DG leads the way
Of the 9.65 GW of solar PV China installed in the first quarter of 2018, 7.68 GW comprised distributed generation (DG) systems, reports China’s National Energy Administration (NEA). Changes to the country’s PV policy have also been proposed.
Nigerian universities go off-grid with solar PV, storage mini-grids
Four of Nigeria’s federal universities and university teaching hospitals across the country have signed EPC contracts to develop mini-grid solutions, which will power their facilities and disconnect them from the main electricity grid. A total of 9.3 MW of PV and 5,760 battery cells will be deployed.
Historic UN deal for shipping industry could lead to solar powered ships
A climate change strategy on the reduction of greenhouse gas emissions from ships, adopted last week by the United Nations (UN) International Maritime Organization (IMO), could boost the electrification of ships using solar PV technology.
5 GW Indian solar park ‘crucial’
The Gujarat state government has approved a 5 GW solar PV park, to be located in the Dholera Special Investment Region. The development of what will become the world’s largest such project when complete, is seen as “crucial” on the back of Bangladesh’s recent interest to procure 2 GW of solar energy from India.
Hong Kong authorities propose generous new rooftop solar FIT
The Hong Kong government will start discussing plans from early next week to give owners of residential and commercial rooftop solar PV systems the chance to sell surplus electricity to the grid.
UK, India strengthen solar ties with new commitments
The governments of the U.K. and India have announced a new green fund, managed by Lightsource BP and the Everstone Group, which will see up to £500 million invested in green energy in India. The U.K. has also joined the Indian-led International Solar Alliance (ISA).
March rooftop solar installs sets new Australian record, exceeding NEG modelling by 50%
Rooftop solar PV installation rates in Australia are breaking all previous records. March saw the highest number of rooftop systems ever installed in the country, worth a capacity of some 127 MW.
