US-headquartered high-efficiency PV module producer SunPower Corp is expecting to sell further assets and increase its loans in 2019 to avert bankruptcy due to looming liquidity issues as the company expects to remain loss making next year, while current net losses in the first nine months of 2018 have reached US$745.3 million.
Martin Libra, Head of LATAM at Prothea, an independent advisory boutique providing advisory and asset management services in the renewable energy sector, explains the chances opening up in the Chilean wind and solar market, which can now be considered a pioneer in the grid parity trend that is currently developing in Southern Europe.
Major Malaysian utility Tenaga Nasional Bhd (TNB) has started supplying power to the national grid from a part-completed 50MW solar power project in Selangor, Peninsula Malaysia, which will be the largest project in the country once completed.
With Petroleum Development Oman (PDO) as its sole offtaker, the 100MW project in Amin, Oman, is said to be the world's first utility-scale PV project to have an oil and gas company as the sole wholesale buyer of power.
‘Europe’s largest’ energy storage pilot project at an industrial site, combining 2MWp of rooftop solar with a total of 4.2MWh of energy storage across a lithium-ion battery system and two flow batteries has been inaugurated in Belgium.
PV Tech caught up with Tristan Erion-Lorico, Head of PV Module Business, Laboratory Services, at quality assurance and risk management company, DNV GL, to discuss extended testing of bifacial modules and third-party, outdoor trials using single-axis trackers on 1500V.
A group headlined by Strata Solar and Avista Utilities held a ribbon-cutting ceremony last week for the largest PV project developed in the US State of Washington, according to the Sun Tribune.
US-headquartered high-efficiency PV module producer SunPower Corp has secured the module supply deal for innogy’s 349MW PV power plant near Balranald, New South Wales, Australia, the largest plant under construction in the country.
PV project developer and EPC firm, juwi Renewable Energy has started construction of its third PV power plant project in Vitenam, bringing its active pipeline to around 130MW.
‘Silicon Module Super League’ (SMSL) member LONGi Solar, a subsidiary of leading monocrystalline wafer producer LONGi Green Energy Technology Co is to offer its first AC module to the US market in the fourth quarter of 2018.
