The record-breaking second phase of the Mohammed bin Rashid Al Maktoum Solar Park is now over 80% complete, with progress going well for the April 2017 completion target, as the park continues to grow with an eventual goal of being 5 GW in size.
The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.
CEO of Off Grid Electric Xavier Helgesen discusses the company’s goal of bringing solar power systems to three million West Africans and explains how off-grid solar is gaining wider acceptance as a “real” power source that can transform local economies.
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum, which will see it become Fortune’s subsidiary and, thus, a private company.
German solar developer BayWa r.e. has signed a Global Procurement Framework Contract with Chinese technology company Huawei, for the supply of an initial target volume of 400 MW of Huawei’s inverters, as Huawei continues its expansion into various international markets.
EDF EN Canada announced that it has received approval from the Alberta Utilities Commission (AUC) to construct a 77.5 MW solar PV plant in Vulcan County, Canada, which will become the largest solar plant in Western Canada, and will make up part of a hybrid renewable energy project.
Spanish renewable energy company Abengoa announced that it will immediately restart construction on the exciting Atacama Desert solar project in Chile, where a 100 MW PV plant and a 110 MW solar thermal plant will look to take advantage of the world’s most concentrated solar radiation.
The Norwegian solar developer is expanding its PV portfolio into South East Asia, after the signing of a partnership with a local consortium to build three solar parks, with a combined capacity of almost 200 MW.
World Bank Group member the International Finance Corporation (IFC) and Dutch development bank FMO have both made significant investments into German off-grid solar provider Mobisol, which will help the company expand and accelerate its business operations in East Africa.
The Swiss solar independent power producer has completed the first phase of its Italian portfolio sale to the joint venture, which is equally owned by Enel Green Power and Fondo Italiano per le Infrastructure.
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