A tender for a 200MW BOO (build-own-operate) PV plant project in Egypt has had its deadline extended by six months, in a move that the Middle East Solar Industries Association (MESIA) has said was “widely expected”.
Renewables firm Juwi Australia and KPS, a subsidiary of Pacific Energy, are partnering on hybrid systems using solar, battery energy storage and diesel or gas generation for remote mines in Australia.
Hive Energy is set to become the first British company to net a major PV project contract in Cuba. As part of the deal, Hive Energy will develop a 50MW installation — which will stand as the first utility-scale site to be developed in the country.
Brazilian public bank Banco do Nordeste (Northeast Bank) has created a credit line to allow companies to install solar Pv and other renewable sources of energy in the mini (75kW-5MW) and micro-generation (>100KW) segment.
Crystal growth equipment supplier GT Advanced Technologies (GTAT) said it secured a number of polysilicon and wafer related orders from customers based in Asia.
SolarEdge and SMA’s launches of inverters compatible with Tesla’s Powerwall and LG Chem’s new range mark a “growing trend” towards higher voltage batteries for residential PV systems, an IHS analyst has said.
Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
Leading ‘Silicon Module Super league’ (SMSL) member Trina Solar has said its well respected chief financial officer, Ms. Teresa Tan has resigned to ‘pursue other personal interests.’
Global shipments of PV inverters will reach 90GW by 2020, valuing at more than US$7.1 billion, according to GTM Research’s latest report, 'The Global PV Inverter and MLPE Landscape 2016'. This represents an average annual growth rate of 11% between 2016 and the end of the decade.
