ROUND-UP: AC Energy boosting renewables, Gamechange Florida orders, T-Plus Russia projects

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Credit: Gamechange

AC Energy to sell coal unit stake to boost renewables

21 May: AC Energy, a subsidiary of Philippines conglomerate Ayala Corp, is in talks to sell up to a 50% stake in its coal-fired energy unit, in order to use the funds raised to progress its renewables unit in Southeast Asia, according to Reuters.

AC Energy’s assets are split between 80% thermal and 20% renewable, but the objective is to reach a 50:50 mix by 2025.

The company expects to expand its overall energy capacity to more than 5GW by 2025 from 1.6GW currently.

GameChange Solar bags 305MW of tracker and racking orders in Florida

18 May: GameChange Solar has received orders for an additional 305MW of trackers and fixed tilt racking to be delivered in Florida this summer.

GameChange expects 1.8GW sales in 2018. Florida is seeing growth in demand for electricity and utilities are increasingly choosing solar energy.

Derick Botha, Sr VP of Business Development at GameChange Solar, stated: “It is encouraging to see that solar has now become the premier choice for utilities’ electricity generation. We are pleased that by continually reducing cost for our systems, we have been able to help the industry reach competitive pricing so it can progress forward. We will continue to aggressively drive cost reduction for the industry with our fixed tilt racking and trackers through innovation and increasingly larger scale manufacturing.”

T-Plus starts construction of 105MW of solar in Russia

17 May: T-Plus has started installation of modules at 105MW of solar spread across two projects being built in the Orenburg region of Russia.

The company claims that the solar park in Sorochinsk will become the largest such project in Russia.

At the moment, the construction of the pile field is being completed at both construction sites, and the tables for the PV modules are being assembled. 

Completion of the construction and commissioning of both stations in industrial operation is planned by early 2019. 

Read Next

July 22, 2021
US Senate majority leader Chuck Schumer has failed in a bid to fast-track the US’ US$1.2 trillion infrastructure investment bill through the Senate. But there remains hope that further progress could be made as early as next Monday, when some Republican senators believe the bill will be fit to proceed.
July 22, 2021
US utility Duke Energy is planning the development of four PV plants in Florida as part of a wider US$1 billion solar investment in the state.
PV Tech Premium
July 15, 2021
Earlier this week the US National Renewable Energy Laboratory (NREL) published its 2021 Annual Technology Baseline (ATB) document, detailing the continued reduction in the levelised cost of electricity (LCOE) of the country’s core generators. Liam Stoker takes a look at the data and discusses just how cheap solar, and solar-storage, could become.
July 15, 2021
Legislation that would ban the import of all products from China’s Xinjiang region into the US has taken a critical step forward, passing the US Senate.
July 9, 2021
The US government has added a host of new China-based solar companies to its Entity List, effectively banning imports of their products into the country.
July 8, 2021
While the Asian solar industry has been hit by COVID-19 fueled disruption, the pandemic has also boosted interest from offtakers, industries and governments alike.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021