Canada-based PV project developer and EPC Grasshopper Solar has secured a new round of project finance from Deutsche Bank to enable further PV power plant construction and ownership.
The European Bank for Reconstruction and Development (EBRD) has allocated financing for up to US$55 million to help pay for the construction of a 85MW PV portfolio owned by Akfen Yenilenebilir Enerji A.S. in Turkey.
China installed a total of 9.65GW of solar PV capacity in the first quarter of 2018, a 22% increase over the prior year period, according to China’s National Energy Administration (NEA).
Australia's National Energy Guarantee (NEG), which has been waived through for a final decision in August, would significantly harm the country's large-scale renewables pipeline, with just 1.5GW expected to be completed by 2025 despite the current 16GW pipeline, according to the head of the country’s solar and storage council.
Enphase Energy and Solaria Corporation have announced the introduction of an AC solar module, the Solaria ‘PowerXT’-AC. The AC module features the Enphase IQ 7+ Microinverter and delivers high performance and aesthetics through Solaria’s proprietary module technology.
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development.
Malaysian utility Tenaga Nasional Berhad (TNB) has signed a 21-year power purchase agreement (PPA) with Halpro Engineering for a 30MW(AC) solar project in Pahang, Malaysia.
South Australia state-run firm SA Water plans to deploy 152MW of solar PV and 35MWh of energy storage over the next two years in order to reach its target of zero net electricity costs by 2020.