Company executives from NextEra Energy Resources and Entergy Arkansas gathered with local leaders Tuesday morning to break ground on Arkansas’ largest universal solar energy project — the 81MW Stuttgart Solar Energy Center.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.
Leading South East Asian renewable energy firm Sunseap has received US$10.7 million (SGD$15 million) from the United Overseas Bank (UOB) for commercial solar projects in Singapore.
Diversified engineering and infrastructure company RCR Tomlinson announced last week that it has been awarded a contract valued at approximately US$129 million with APA Group to design and construct a 110MW solar project.
The Ministry of Industry and Trade of Vietnam (MOIT) has released a draft circular containing guidelines on how to develop solar PV in the country, but has failed to address a range of issues that could impact large-scale project bankability, according to analysis from multinational law firm Baker McKenzie.
Iranian investment conglomerate Ghadir and an unnamed partner from Greece have brought a 10MW solar PV plant into operation in the Isfahan province of Iran, according to the country's Renewable Energy and Energy Efficiency Organisation (SATBA).
Vertically-integrated solar firm and industrial goods company Bharat Heavy Electricals (BHEL) had 370MW in its solar PV portfolio at the end of FY2016/17, of which 360MW was ground-mount and 10MW was rooftop.
