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Recom acquires French module maker Sillia

The French manufacturer filed for insolvency in March. The Tribunal of Commerce of Lyon had received two bids for the acquisition of the company.

UGE completes acquisition of Carmanah Solar, secures contract for 17 MW solar facility in Alberta

The Canadian renewable energy company has taken full control of the joint venture that acquired the solar unit of Carmanah Technologies Inc. in April. Furthermore, the company has secured a contract to build a 17 MW ground-mounted solar plant near Calgary.

French Development Agency finances solar project in Bolivia with €11.5 million

The 50 MW Planta Solar Fotovoltaica Oruro project is scheduled for completion in 2018. Bolivia’s power utility ENDE is currently reviewing 16 bids for the projects.

Russia allocates 520 MW of PV capacity in 2017 renewable energy auction

The auction was open to solar, wind and hydropower. Projects selected in the tender must be commissioned between 2018 and 2022.

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Nagorno-Karabakh wants to go solar

The government of the disputed region in South Caucasus, which is officially known as the Republic of Artsakh, announced it will conduct a study to assess its solar potential.

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Brazil needs to improve grid in Minas Gerais to make space for solar

Brazil’s energy agency EPE has released a new study that recommends the improvement of the transmission system of the northern and north-western areas of the state of Minas Gerais, which is expected to host a considerable portion of the solar projects selected in the country’s auctions held in the past years.

EDF announces financial close for phase III of Dubai’s 1 GW solar plant

An undisclosed sum was provided by seven different lenders for the 800 MW third phase of the giant solar park.

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EBRD and CTF provide $ 44.5 million for solar park in Kazakhstan

The 50 MW Burnoye Solar-2 project will require a total investment of approximately $80 million and will be located in the southern region of Zhambyl.

Cameroon to install more off-grid and grid-connected solar capacity

Bank of China has agreed to lend $123 million for the country’s solar rural electrification program, while its power utility is planning to build three PV plants with a combined capacity of 35 MW.

Brazil could open renewable energy auctions to hybrid projects

The Committee for the Environment of the Brazilian Senate has approved a bill to modify the legislation of the electric system and grant access to the country’s energy auctions to large-scale hybrid renewable energy projects.

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