News

China officially installed 52.83GW of solar modules in 2017

In accordance to the China’s National Energy Administration (NEA), the solar PV installations has reached 52.83GW in 2017, from 34.54GW in 2016, and accounting for around 50% of expected global solar demand last year. 

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Fotowatio secures financing for 342MW PV portfolio in Mexico

Utility-scale PV project developer Fotowatio Renewable Ventures (FRV) has reached financial close for the 342MW Potosí Solar Farm in Mexico. The project, which stands as FRV’s first to be operated in Mexico. FRV closed the financing agreement with KFW (Kreditanstalt für Wiederaufbau), Bancomext and ING.

ZSW and IPVF plan five year research project on next-gen flexible CIGS solar cells

An initial five-year R&D program n the German-based Centre for Solar Energy and Hydrogen Research Baden-Württembergis starting to develop next-generation flexible photovoltaics.

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ACWA Power picks Chint to build Egypt PV projects, adopts SolarCoin cryptocurrency

Acwa Power finished contracting China’s Chint Group to provide EPC services for the three solar PV plants totalling 165.5MW at the Benban Solar Park in Aswan, Egypt.

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MIGA to provide US$102.6 million in financing for 250MW Egyptian PV project

The World Bank Group member Multilateral Investment Guarantee Agency (MIGA) is to provide US$102.6 million in financing six PV projects in Egypt.

Source: PV-TECH

Daqo finds quick CEO replacement in former JinkoSolar CFO

Dr. Gongda Yao with a former JinkoSolar CFO, Longgen Zhang, were quickly replaced by China-based polysilicon producer Daqo New Energy. Daqo said that Zhang had been appointed the new CEO with immediate effect, enabling its founder and chairman, Guangfu Xu to step down from the acting CEO role. Dr. Yao was

SunPower commissions 100MW PV project in Chile

Michelle Bachelet, the president of Chile, and the Chile’s minister of energy, Andrés Rebolledo, has held a ceremony to inaugurate the 100MW El Pelícano solar power plant in the Chilean region of Coquimbo.

Source: PV

Georgia Power offers up PV-plus-storage ‘smart neighbourhood’ of new houses for sale

The first ‘smart neighbourhood’ in the US state of Georgia is now being created by utility Georgia Power and homebuilder PulteGroup. Each home equipped with solar PV, battery energy storage and other smart, clean energy resources.

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Canadian Solar Completes the Sale of Three Solar Power Plants in China to Shenzhen Energy

Ontario Canda. Canadian Solar Inc. announced that its subsidiary, CSI New Energy Holding Co., Ltd. completed sale of three solar power plants in mainland China. Canadian Solar is a leading manufaturer of solar energy solutions and solar products particulary photovoltaic modules.

EDF Energies Nouvelles and Canadian Solar could form JV wafer production plant