Adani Group has commissioned a new large-scale PV project in the Kutch district of Gujarat. With a capacity of 40MW, it is India’s largest solar installation to date and Adani is planning to ramp it up to 100MW in the future.
SAG Solarstrom has sold its 48MW Serenissima PV plant in Northern Italy to an unnamed institutional investor. The purchase contract, valued “in line with the market rate in the triple-digit million-euro range”, was signed on December 31, 2011 and is subject to the usual conditions precedent. Payment will be made to SAG Solarstrom sometime in Q1.
Activ Solar has finished the fifth and final construction phase of its 100MW Perovo Solar Power Station in Ukraine. This last development stage, completed on December 28, added a further 20MW to capacity, thus making the Perovo Europe's largest PV system.
Activ Solar has completed Phase IV of its Perovo Solar Power Station, adding a further 20MW to the system’s size. Perovo’s total capacity now stands at 80MW and with ramping up still ongoing – Activ Solar has yet to reveal the full size of the plant – it looks set to be one of the largest PV projects in Europe.
China Sunergy advised that it had shipped 1.59MW of its solar panels to Emotion Energy, which has partnered with Edison Energy to install solar panels for 117 houses in a residential rooftop project in Faifley, Scotland for the Knowes Housing Association Scotland. The PV project will allow 117 Knowes tenants to partake in the energy generated from the solar panels free of charge for 25 years. The solar project was installed prior to the change in FiT on December 12.
T-Solar has signed three loan agreements worth US$145 million to finance two PV plants in Peru. The systems, which have a combined capacity of 44MW, are the first large-scale solar installations in Latin America and will cover 206 hectares of land in the Arequipa region of southern Peru.
Ormat Technologies has signed a PPA with Imperial Irrigation District (IID) for 10MW of solar PV energy, making this the first independent PV project for Ormat in the US, which will be located near the Heber geothermal complex in Imperial Valley, California. The companies did not disclose what types of modules would be used in the project, nor did they release the value of the deal.
Unable to secure closure on a previous deal to sell its solar project pipeline to solarhybrid and investor funding for its planned expansion of its Ibersol parabolic trough power plant project, Solar Millennium has filed for the opening of insolvency proceedings at the district court in Fuerth, Germany. The module supply deal between First Solar and solarhybrid becomes suspect.
Sunny Day Energy and Silfab Ontario have entered into an agreement to supply approximately 5MWp of high efficiency domestic content modules. A number of rooftop projects in the Greater Toronto area will benefit from the modules which range in size between 200 and 500KWp each.
