Power Plants

UGE International, a renewable energy firm specialising in the C&I space, has partnered with Export Development Canada (EDC) to create a construction finance facility for the funding of international solar projects.

Neo Solar creates a new IPP for PV projects, Vivint Solar secures US$200m in tax equity, OneRoof closes new fund, and Mexico to small-medium-scale residential solar t by 71%.

PV power plant system integrator Phoenix Solar said that delays to building power plant projects in the US and Turkey would result in lower than expected full-year 2016 revenue and profits.

Yuang-Sheng Yu, analyst at energy Lux Research, caught up with PV Tech to discuss the potential effects of the next President on the US energy sector.

Indian energy firm Thermax and German concentrated solar power (CSP) company Frenell have been awarded a contract for what is claimed to be Asia’s first integrated solar thermal power plant by India’s largest utility NTPC.

US manufacturer NEXTracker has won the contract to supply tracking for the 191.5MW Pirapora project in Brazil.

Enphase Energy continues its strategy of restructuring due to a reported competitive environment, this time by selling its commercial O&M division.

Renewable energy company Arcadia Power has pioneered the first nationwide community solar programme that allows users to buy a solar panel in a project located anywhere in the country and achieve savings on their electric bill.

In this week's Movers & Shakers, PV Tech reports on various executive board shuffles; Meyer Burger lets go of its COO, SPI Energy revamps its senior management team and SEPA expands its board of directors. In addition, Mainstream Renewable Power establishes an investment arm and Chile appoints a new energy minister amidst a time of energy policy upheaval.

Dubai-based international solar developer Phanes Group has acquired and will co-develop three 100MW grid-operated PV projects in Nigeria.