India: Rays Power Infra commissions 78 MW solar project
Rays Power Infra Pvt. Ltd. has switched on a 78 MW solar PV project, expanding its market share in the northeastern state of Uttarakhand to 40% and bringing major benefits to local farmers.
Netherlands’ Gasunie launches 1 MW power-to-gas pilot project powered by solar
The Dutch gas provider is building Netherlands’ first MW-sized power-to-gas installation. The plant will be powered by 5,000 solar modules.
Photon Energy plans to deploy 50 MW of PV capacity in Hungary
The Dutch project developer plans to build PV plants for its own portfolio in the European country.
Ohlthaver & List to build large-scale solar plant in Namibia
The 6.4 MW solar facility will be located in Tsumeb, northern Namibia. The project was selected in a tender recently held by local utility Cenored.
Bahrain to introduce net metering policy for PV
The Middle Eastern country is now preparing to introduce a net metering scheme for decentralized renewable and solar energy projects under its National Renewable Energy Action Plan (NREAP).
Scatec Solar secures PPA for 400 MW of solar plants in Egypt
The Norwegian solar developer has obtained a 25-year PPA for six PV power plants totaling 400 MW. The facilities will be located near Aswan in Upper Egypt.
IDFC Alternatives looking to buy First Solar’s India assets
IDFC Alternatives is reported to be in talks to buy First Solar’s 200 MW renewable power assets in India.
Singyes Solar records 43% rise in net profit in 2016 full-year financials
The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.
Albania preps to host first utility-scale PV projects
Albania’s Ministry of Energy and Industry has received an application for a 1.7 MW PV project last week. This is one of several large-scale PV project proposals that were submitted to local authorities over the past few months.
Yingli reduces losses despite Y-o-Y drop in revenue and shipments for 2016
The struggling Chinese module maker was able to reduce its losses in fiscal 2016. Revenue and shipments for last year, however, were down due to lower ASPs and lower utilization rate of production capacity.
