EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.
Two-sided panels and support to distributors will help keep up with low-priced rivals and hit 500MW-600MW in module sales to Brazil next year, A-rated firm tells PV Tech at meeting in China.
CaixaBank, DNB, KfW IPEXBank, Natixis, SMBC and Societe Generale pump US$580m of debt into Andes Renovables platform, meant to deploy 1.3GW of wind and solar by 2022.
Solar players reap combined 530MW in contracts of 2.9GW awarded to wind, hydro and thermal plants, with average PV prices the lowest at around US$20.5/MWh.
Partner duo tell PV Tech their new 400MW platform will exclusively feature ground-mounted PV projects, with plans to initially target 10 installations.
US$320 million project is unveiled as Brazil prepares for energy auction on October 18, set to jettison the Latin American state's PV capacity to new heights.
China-backed Cauchari complex hits one-million-panel mark after completion of second and third stages and could see Jujuy province produce 3GW of solar power within 10 years.
Coastal scheme just northwest of capital Montevideo could cost upwards of US$35 million and should be operational by March 2021, government tells PV Tech.
Firm’s H1 2019 revenue and EBITDA increase mixes with profit margin squeeze as construction progresses in Spain, Chile and global pipeline hits 1.76GW.
