pv power plants

Independent PV power producer, GCL New Energy (GNE), a division of GCL-Poly is selling a 70% shareholding in 19 PV power plants with an installed capacity of approximately 977MW for RMB 1.74 billion (US$251.5 million).

German investor eyes turnover of €340m as it buys stake in Thessaloniki-based Maximus Terra, the developer of 200MW solar PV pipeline.

China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have jointly released the first batch of grid parity projects for 2019, which include a total of 168 PV power plant projects, accounting for 14.78GW.

Development duo share plans for US$41m of debt to back 55MW project in Gegharkunik province, to be built by Dutch-Spanish consortium.

Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.

Phase-out scenarios by Berkshire Hathaway Energy unit and others underscore ‘economic sense’ of cleaner alternatives, say IEEFA analysts.

Firm raises €23m (US$25.67m) subordinated loan from Hansainvest Real Assets to support 85 solar installations, with plans to add new projects.

Rush in Asian state could lead to an increase in module prices of 10-15%.

BayWa r.e.’s solar boats and Ocean Sun’s panel membranes contend for spotlight at packed session in Munich, with audience probing into costs.

Annual deployment for the next two years will top 20GW with record levels expected in 2020.