Canadian Solar announces sale of 24 PV plants to Greencoat Capital LLP

The Canadian Solar announced the sale of a 142 MWp solar portfolio to United Kingdom based Greencoat Solar II LP, a subsidiary of Greencoat Capital LLP. The 24 plants were valued at around $267.7 million, and what they have qualified as “net of distribution of $5.3 million” prior to closing.

First Solar adds 200MW project from Georgia Power to pipeline

The Leading solar thin-film manufacturer, First Solar, is now planning to build a 200MW PV power plant for Georgia Power’s REDI Program, which uses over half a million CdTe modules.

Source: PV-TECH

Solar to lead global renewables growth for next five years — KPMG

The KPMG said in it's latest report that the PV capacity will expand more over the next five years than any other renewable-energy technology. The accounting and financial services firm drew its findings from a survey of 200 renewable-energy investors, which was conducted in the third quarter of 2017. It

Enel starts operations at 103MW Brazil solar park

A subsidiary of Italian power giant Enel, Enel Green Power Brasil Participações (EGPB), has begun operations at its 103MW Horizonte solar park in the municipality of Tabocas do Brejo Velho, in the north-eastern state of Bahia, Brazil. In Brazil, the Enel Group, through its subsidiaries EGPB and Enel Brasil, has a total

EDF Energies Nouvelles has 900MW of solar projects under construction

The Renewables firm, EDF Energies Nouvelles has 1.9GW of renewable energy projects currently under construction in 2018, which includes 900MW of solar projects, according to a parent company EDF in its annual financial report. 


EDF and Asia Clean Capital partner on rooftop solar in China

EDF Energies Nouvelles and Asia Clean Capital, announced a joint venture to build and operate a pipeline of distributed rooftop solar projects in China.

Source: PV-TECH


ALEC Energy signs 6.5MW PV rooftop deal with Emaar for Dubai mall

ALEC Energy, the renewable energy arm of the ALEC Engineering and Contracting LLC, signed off on a contract to develop a 6.5MW rooftop solar plant with Emaar Development for the Dubai Hills Mall project which is currently under construction.


Shell eyeing new build solar in the UK says reports

Shell Company suggested it will become the next major oil firm to enter the new build solar market after it was reported over the weekend that the Dutch giant plans to build solar farms in Britain.  The Royal Dutch Shell has been making some moves in the solar market both in the United Kingdom.


Innovative 500MW Gujarat solar tender likely to draw ‘intense competition’

An innovative tender for 500MW of grid-connected solar PV projects to be developed across the state, which should draw "intense competition", according to a prominent analyst, this was issued by Gujarat Urja Vikas Nigam Limited (GUVNL). An extra 500MW capacity under a “greenshoe option” may be

Tesla’s PV installs continue rapid decline to 87MW in Q4 2017

Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, in which while the supply shortage in its energy storage system ‘Powerwall’ created a customer backlog of the solar and storage installs of more than one year.