Banco do Nordeste finances 482 MW of solar projects in Brazil
The Brazilian bank has agreed to finance three PV projects totaling 350 MW of the Italian energy giant Enel, and a 132 MW project under development by Norwegian companies Scatec Solar and a Statoil.
Oman to launch tender for more than 200 MW of solar by end of 2017
The tender, where capacity may even reach 500 MW, is part of the Oman government’s plan to diversify the country’s energy mix.
Sun Exchange raises $1.6 million
The U.S.-based peer-to-peer solar equipment leasing marketplace Sun Exchange will use the funds for its pipeline of commercial-scale solar power projects.
Tonga commissions its MW-sized solar facility
The Matatoa Solar Project was built and is being operated by China’s Zhuhai Singyes Green Building Technology Co. Ltd.
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.
Growing political will and falling costs make universal energy access possible by 2030, IEA finds
The report, published in Energy Access Outlook: from Poverty to Prosperity, is the first instance of this sort of historical analysis, with this particular study looking at 140 countries and showing that the number of people without electricity fell to 1.1 billion in 2016, down from 1.6 billion in 2000.
ENGIE to acquire lease-to-own solar company Fenix International
The latest in a series of high profile renewable energy acquisitions for the French energy giant, ENGIE has announced the acquisition of a 100% stake in Fenix International, a U.S. company active in the residential lease-to-own sector in several African countries.
Virtual net metering in Greece at risk from EU reform
The European Council’s response to proposed European Commission reforms suggests that rules supportive of virtual net metering could be scrapped after pressure from Germany.
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.
