A round-up of the latest news in solar project development, as R.Power receives financing for a 183MWp portfolio, BayWa r.e. sells another Spanish project and Sungrow secures a UK inverter supply deal.
Poland’s largest utility plans to develop 3GW of solar PV over the next ten years as it looks to ramp up decarbonisation efforts and become carbon neutral by 2050.
Lithuanian state-owned energy company Ignitis Group has signed an agreement to acquire solar parks in Poland with a total capacity of up to 170MW from developer Sun Investment Group (SIG).
PV Tech continues to chart the global solar industry’s response to the COVID-19 pandemic, this edition featuring news that the pandemic is driving down PV system costs.
Poland’s solar industry appears to have weathered the worst effects of the COVID-19 pandemic and be on course for substantial growth, according to two reports, one of which of forecasts almost 8GW of installed capacity by 2025.
Self-styled ‘largest solar transaction’ in country’s history will see developer fully exit 130-strong fleet of small-scale plants to Aberdeen Standard Investments (ASI)
Country’s largest utility PGE says non-core areas will go due to the COVID-19 crisis but excludes PV and wind ambitions from the cull, a green energy thumbs-up by a hard-coal and lignite stalwart.
Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
German firm gets support for ready-to-build 42MW pipeline at 750MW auction held on 10 December, which is set to award US$950m in CfD payments over 17-year period.
Spanish-Japanese renewables company Univergy International has established a new subsidiary, Univergy Polska SP, in the Polish city of Sopot in order to help develop a five-project PV pipeline.
Warsaw sets early December dates for 2.5GW (>1MW projects) and 750MW (<1MW) renewable tenders, with industry expecting solar to dominate latter auction as was the case last year.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
