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Solar

Toshiba posts 9-month net loss of $4.85 billion

The Japanese group — which develops solar projects and provides PV systems solutions, in addition to EPC and O&M services — has warned of “substantial doubt” over its “ability to continue as a going concern,” largely due to the decline of its nuclear business in the U.S.

German PV sector reports increasing solar demand

According to the business climate index of German solar association BSW, the order intake of PV developers is significantly increasing thanks to improved financing conditions and more attractive yields.

Spain’s 3 GW renewable energy auction to be held on May 17

The Spanish government has published the auction timeline and the amount of capacity it intends to allocate. Several renewable energy technologies will compete in the tender.

Edisun Power reports increase in revenue and profit

The Swiss solar power producer saw its production increase by 7% in 2016. The company’s PV project portfolio also grew considerably in the past months thanks to the acquisition of several MWs of solar in Spain.

SB Energy completes 350 MW in India

The developer — a venture between Japanese telecoms giant SoftBank, New Delhi-based conglomerate Bharti Enterprises and Taiwanese contract manufacturer Foxconn — has commissioned its first project in the country in Kurnool district, in the state of Andhra Pradesh.

Guinea to host 88 MW solar power plant

The French government and the government of the Republic of Guinea have signed three MoUs for the development of solar energy in the African country. One of the agreements envisages the construction the country’s first large-scale PV project.

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France’s power and gas system operators enter partnership to improve integration of renewables

RTE and GRTgaz have created a common databank to analyze how power production from renewables can be better integrated into France’s electricity system.

Enel energizes 42 MW PV plant in Panama

The Sol Real project is the largest PV plant built in the Central American country to date.

Solar and Tesla shine amid weak Q1 for clean energy investment

BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.

Italian Revenue Agency says PV system owners can take advantage of super-amortization on investment goods

The Italian Revenue Agency has finally made clear that PV systems must be considered movable property. As a result, solar modules and other components installed in PV installations can now be depreciated by applying a coefficient of 9% instead of 4%.

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