Power Plants

The Australian government’s renewable energy division will trial the capabilities of on-grid energy storage to maximise the value of rooftop solar, announcing yesterday that it will provide funding for a trial by energy storage specialist Reposit Power.

Juwi has secured a new €300 million (US$377 million) finance package, clearing a key hurdle for its proposed takeover by MVV Energie.

A Chinese billionaire and one of the countries’ leading sportswear brands have invested US$140 million in project developer, SPI Solar.

A late surge in deployment in China will see the Asia-Pacific region top the 10GW mark inside one quarter for the first time, according to research by Solarbuzz.

SunPower has invested US$20 million into energy management software firm Tendril.

Global solar developer, SunEdison, has closed a US$146 million debt facility to build 81.7MW of solar in the Central American country, Honduras.

Taiwanese PV analyst EnergyTrend has estimated 2014 PV demand will reach 44GW with Japan and the US making up for a lower than expected figure in China.

Global PV module manufacturer, Hanwha SolarOne’s Qidong, Jiangsu subsidiary has been given a US$23 million loan.

South Korean PV module manufacturer, SolarPark Korea has supplied modules to the first floating PV power plant that also uses a tracking and rotating system.

Major tier one PV manufacturer JinkoSolar has supplied modules totalling 80MW to China General Nuclear Power Group’s Neihuang County, Henan Province power plant project.