Australian energy infrastructure firm APA Group has agreed to purchase a 110MW solar plant that is currently under development near Dalby in south-western Queensland, Australia, for AU$200 million (US$150 million).
Queensland-based developer SolarQ is planning to build a 350MW(AC) solar plant combined with a ground-breaking 4,000MWh of lithium-ion battery storage in the Gympie Region of Queensland, Australia.
The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
Struggling China-based PV manufacturer Yingli Green Energy reported a full-year 2016 net loss of US$293.6 million with the majority of losses attributed to manufacturing impairment and supplier bad debt provisions incurred in the fourth quarter of 2016.
As part of India’s Green Energy Corridor scheme, the Ministry of Power has proposed setting up a host of Renewable Energy Management Centres (REMCs) across the country to help integrate renewables as their penetration increases.
China-based PV energy provider (PVEP) United Photovoltaics Group reported a 58% increase in revenue for 2016, driven primarily by the addition of 415.4MW of new PV power plants under ownership.
In a manual directly aimed at policy makers, the International Energy Agency (IEA) has sought to debunk various myths about integrating wind and solar to the grid, while also providing solutions to bona fide problems that can arise.
