Financial & Legal

In recently released first half 2019 financial guidance, three China-based PV inverter manufacturers, Sungrow, Ginlong and Kehua have mainly guided weaker profits than reported for the prior-year period.

German group repeats PPA offtaker for 121MW project north of Andalusian city, while Spanish firm turns to Bankia, Bankinter to back 112MW trio in same province.

Warsaw unveils PLN1bn scheme to co-fund home PV, World Bank supports roll-out in Sahel state, Pacific kingdom breaks ground on off-grid solar.

Neoen’s 128MW Numurkah Solar Farm will help offset emissions from Melbourne trams and steelworks factory under a 15-year PPA.

Firm bags US$204.5m from five banks as it acquires solar scheme in Nolan County, set to become its largest renewable venture once live.

World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.

Matshela Koko says last year’s probe in South Africa has pushed him to ‘greater heights’ after securing Zimbabwe’s go-ahead to 100MW/240MWh plant.

Firm marks launch for auction-backed Cafayete project it bought in March 2018, with construction handled by EPC specialist Powerchina.

Northern Territory grants major project status to world’s largest PV scheme by developer SunCable, which wants it to power its home state of Singapore.

Leading PV manufacturing equipment supplier Meyer Burger Technology has secured a major order from an unidentified North American start-up for its core Heterojunction (HJT) equipment.