Markets & Finance

Spain has passed a regulation regarding the installation of floating solar PV (FPV) on reservoirs in the country.

The Victorian government has committed US$2.7 million (A$4 million) for seven projects to build solar installations and heat pumps.

Aggreko Energy Transition Solutions, a division of power generation equipment supplier Aggreko, has acquired US-based commercial and industrial solar company Infiniti Energy from private equity firm Upper Bay Infrastructure Partners.

The Chinese Ministry of Industry and Information Technology (MIIT) has issued a draft rule raising the minimum capital ratio for solar PV manufacturing projects to 30%.

Passing legislation about agriPV would kickstart the development of such projects in Greece and keep workforce in villages.

The company talks to PV Tech about challenges and opportunities in the solar PV market in Europe, as well as its manufacturing capacity.

Polish independent power producer (IPP) R.Power has signed a PLN 231 million (US$58.5 million) deal with the Polish Development Bank to develop a 72MWp solar PV portfolio.

The Vietnamese government has announced to allow direct PPA between independent power producers and large electricity consumers.

As a fast-growing segment of the industry, floating solar is also a novel technology that comes with a variety of new operational risks.

Singapore-headquartered renewable energy developer Peak Energy has signed a memorandum of understanding (MOU) to pursue a 50MW rooftop solar portfolio in South Korea.