Hiring of French firm by Swiss investor Smartenergy will pave way for construction of three PV plants in Southern European hotspot, set to launch new PV-only auction next month.
Major Filipino power firm Aboitiz Power Corp is in early-stage planning to invest nearly PHP34 billion in around 1GW of wind and solar power in Pangasinan.
Spanish firm walks PV Tech through planned location and sizes for large-scale pipeline it will deploy alongside French oil major, with plans by both to jointly look for PPA offtakers.
Official stats show Europe’s fourth largest solar market grew 890MW to cumulative 9.4GW in 2019, less than half of the 18-21GW goal it has set for 2023.
Construction is already underway for 120MW project near Wandoan, marking utility-scale global debut for oil and gas major already active in the country after M&A flurry last year.
Panellists at London event were all confident market will retain momentum and grow bolder despite the speculative plays and competition from utilities and oil majors.
Major PV inverter manufacturer, SMA Solar Technology surprised with better than guided 2019 financial results as a surge in shipments and sales took place in the second half of the year.
Russia-based high-efficiency heterojunction solar module producer, Hevel had met all of its 2019 production and shipment targets, supported by a number of utility-scale PV power plant projects across Russia and Kazakhstan.