Power Plants

Russia-based integrated PV manufacturer Hevel Group has completed its second phase of heterojunction (HJ) cell and module production expansions, taking nameplate capacity to 260MW.

Parent Creadev, existing backer Proparco and the EBRD to fund €283m of total capital increase, launched by firm to push PV, wind portfolio from current 1GW.

Firm boasts of 6.6GW pipeline and speculation-free approach as it sets sights on becoming country’s top IPP by 2023.

Walcha Energy puts forward planning documents for two installations as part of 4GW clean energy complex in New South Wales.

Deal brings Beijing’s fund for the Belt and Road Initiative closer to 1.668GW Saudi clean energy developer it has partnered with for past PV projects.

Installers initially balked at applying innovation to 2.5MW Norwegian PV rooftop but came around after learning costs would drop by 10-15%, firm tells PV Tech.

Uzbekistan joins the Scaling Solar programme, FTC Solar extends its order book in Vietnam plus finance news from Singapore and Vietnam.

Spain’s EPR Solar and Israeli investors to back installation northeast of capital Managua, with plans to deliver a first 50MW batch.

‘Solar Module Super League’ (SMSL) member, Trina Solar has achieved ‘Top Performer’ status in the 2019 PV Module Reliability Scorecard report issued by PV Evolution Labs (PVEL) in collaboration with DNV GL, for the fifth consecutive time.

Q-Energy raises from German, South Korean investors to back nine plants in Andalusia built over past 10 years with support from Spanish subsidies.