Solar mini-grid companies being targeted by commercial investors
Around 1.2 billion people do not have access to electricity all around the globe. Cost erosion in solar, wind, and energy storage technology is creating new opportunities for the electrification of rural areas. In the last few years, the appetite for investing in these segments has been growing from impact and commercial investors.
A River Bend Solar runs through it: PURPA in Montana
By March 2017, while River Bend Solar was touted as the first utility-scale solar project in Montana, Enerparc also completed the Green Meadow Solar project in Helena, Montana, and the South Mills Solar project in Hardin, Montana. In June, Enerparc began three more Montana projects, Black Eagle Solar (Great Falls), Great Divide Solar (Canyon Creek), and Magpie Solar (Lavina), completing them by Fall 2017.
Shunfeng boosts revenue on solar module shipments increasing 72% in 2017
Diversified renewable energy firm SFCE (Shunfeng International Clean Energy) reported a 21% increase in revenue for 2017, driven by a 72.7% increase in PV module sales, while losses for the year were significantly reduced. SFCE reported revenue of RMB 10,017.4 million (US$1.6 billion) in 2017, up 21% year-on-year. The primary reason for the increase was an increase in total solar product sales, which increased 30.6% to 3,859.2MW, up from 2,954.6MW in 2016.