News

African Development Bank bags US$52.5 million financing for 100MW of Zambian renewables

The Green Climate Fund is going to provide a US$50 million loan and a US$2.5 million grant for the African Development Bank to help support 100MW of "mostly solar" projects under Zambia’s Renewable Energy Financing Framework.

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centrotherm cites polysilicon subsidiary woes as 2017 sales guidance scrapped

Specialist solar PV equipment supplier centrotherm International’s woes have multiplied in the second-half of 2017.

Source: PV-TECH

 

ENGIE North America to acquire SoCore Energy, 320MW PV pipeline

ENGIE North America has signed off on an agreement to acquire SoCore Energy,  a fully-integrated developer, owner, and operator of municipal/co-op PV, community solar, and commercial and industrial (C&I) PV projects across the United States of America. ENGIE North America will acquire SoCore Energy as

Indian PV manufacturers to refresh anti-dumping petition to avoid being ‘short-changed’

ISMA (The Indian Solar Manufacturers Association) has withdrawn its anti-dumping petition regarding PV imports from China, Taiwan and Malaysia, but intends to soon file a fresh petition to strengthen its case. The Directorate General has already recommended a 70% duty, which many in

Vattenfall earmarks €100 million for new solar projects

In developing solar plants over the next two years, Vattenfall has announced plans to invest up to €100 million (US$123.2 million). That investment will be made into utility-scale plants where existing infrastructure can be used to reduce the costs.

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Sungrow surpasses rival SMA Solar in revenue generation for the first time in 2017

Major China-based PV inverter manufacturer Sungrow Power Supply Co reported preliminary unaudited revenue for 2017, which surpasses European rival, SMA Solar Technology’s revenue figures for the first time.

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Daqo fast-tracking 12,000MT high-purity polysilicon expansion to meet mono wafer demand

The China-based polysilicon producer, Daqo New Energy has announced plans for expanding production by at least 12,000MT in less than 18-months.

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Wind, solar could meet 80 percent of US demand: study

Wind and solar power could meet 80 percent of United States of America demand for electricity. According to the report in the journal Energy and Environmental Science, a few years ago, these renewable energy sources were thought to be capable of supplying only about 20-30 percent of US needs. Options can include

South Korean party to invest in 17MW Iranian solar project

According to state-run news portal the Islamic Republic News Agency, south Korean investors are reportedly planning to support a 17MW solar project in Markazi Province in Iran.

Source: PV-TECH

AES and KIUC break ground on Hawaii’s largest solar-plus-storage system

AES Distributed Energy, a subsidiary of AES Corporation, and nonprofit transmission firm Kauai Island Utility Cooperative has broken ground on a 28MW solar and 100MWh five-hour duration battery energy storage system in Kauai, Hawaii.

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