Finland’s state-run power giant Fortum has won a competitive bid held by Helsinki-headquartered retailing cooperative S Group to set up around 10MW of solar PV capacity across 40 of its commercial buildings in Finland.
According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
The Fraunhofer Institute for Solar Energy Systems ISE has teamed with PV manufacturing equipment specialist, SCHMID Group on lower cost BIPV modules that could reduce production costs by as much as 35%.
India-based EPC firm Sterling and Wilson has forayed into hybrid power plants and energy storage solutions and is already in advanced discussions for its first such projects in Africa and Europe.
Leading PV inverter manufacturer Huawei is supplying its string inverters to a 75MW fully-digitalized utility-scale PV project in Brazil, said to be the first of its kind in the country.
UPDATE: Major Indian solar EPC firm Mahindra Susten has put in the lowest bid for a solar and energy storage tender in the Andaman and Nicobar Islands for the second time, having seen its victory in the original auction torn away by authorities as they explored other sources of power generation.
The World Bank will provide a US$50 million grant for off-grid solar systems in Yemen to improve access to electricity and vital basic services in rural and outlying urban areas.
A consortium comprising Zelleco Engineering and Teknik Janakuasa (TJSB), a subsidiary of Malaysian power firm Malakoff, has secured a 21-year O&M contract with ZEC Solar for a 29MW(AC) solar PV project in Kota Tinggi, Johor, Malaysia.
Delhi-headquartered renewable energy firm Hero Future Energies has completed India’s first large-scale solar and wind energy hybrid project in the state of Karnataka. PV Tech reports from the inauguration and interviews Hero's chairman and managing director Rahul Munjal.
