Proinso UK, providing procurement and engineering through its EPM unit (Engineering Procurement Management), and Dhaka-based independent power producer Joules Power Limited (JPL) are due to commission a 28MW solar project in Bangladesh this month, which they claim to be the first utility-scale PV project in the country.
Goldman Sachs Asset Management (GSAM) has entered into an agreement with South Jersey Industries (SJI) to acquire SJI’s portfolio of PV projects for approximately US$350 million.
Spanish energy company Endesa, a subsidiary of utility Enel, has announced plans to invest US$68.8 million for the construction of a 84.9MW PV project set to be developed in Totana, Spain.
Specialist gallium arsenide (GaAs) PV manufacturer Alta Devices, a subsidiary of Hanergy Group has achieved a new solar cell conversion efficiency record of 28.9%, which was certified by NREL (National Renewable Energy Laboratory).
Hanwha Q CELLS has recorded a manufacturing carbon footprint of 250 kg-eq/C0²/kWc for its Q.PEAK DUO modules, opening up access to more of France’s robust solar market.
Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.
Numerous professional sports leagues located across the US have become a fruitful sector for PV systems within the country, according to a recent report from the Solar Energy Industries Association (SEIA).
South African utility Eskom and German Development Bank KfW have signed a US$100 million (~R1.35 billion) loan facility that will go towards improving the transmission network to support grid integration of renewable energy projects after 27 power purchase agreements (PPAs) were signed in April.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has secured a JPY5.3 billion (US$47.8 million) syndicated loan agreement for up to two years with a bank consortium led by Sumitomo Mitsui Banking Corporation (SMBC) to expand its business in Japan.
