Leading PV manufacturing equipment supplier Meyer Burger has sold its photovoltaic, semiconductor and sapphire wafering business to Precision Surfacing Solutions for CHF 50 million (US$49.8 million) in cash.
Solaria bags financing for 250MW of renewables in Spain, Tata Power Solar launches rooftop solution in Cochin and Chennai, FRV provides solar to schools in Sierra Leone.
Eni Australia, a subsidiary of Italian oil and gas firm Eni, which has been active in Australia since 2000, has acquired a 33.7MW construction-ready solar-plus-storage project in the Northern Territory of Australia, from Katherine Solar, a joint venture between Australia’s Epuron and the UK-based Island Green Power.
China-based PV firm ReneSola has secured a €13.4 million bridge financing agreement with Eiffel Energy Transition Fund for solar projects including 41.3MW in Hungary and 55MW in Poland.
Specialist semiconductor and PV equipment supplier Intevac has said that it finally recognised into revenue on three of four ‘ENERGi’ solar ion implant tools, which had already been shipped to a PV manufacturing customer in China in the third quarter of 2017.
The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardised contracts could solve, but the industry is still a “long way off” from introducing them.
Tesla reported as expected lower solar system installations for the fourth quarter of 2018, while citing continued testing of its roof tile system for a still vague roll-out timetable for mass production and deployments.
The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.
