Meyer Burger attracts further investment
The signs continue to be positive for Meyer Burger’s capital increase, as the Swiss solar equipment manufacturer has announced a fourth separate investor in just a couple of weeks, this time with an investment of CHF 10.8 million (USD 10.7 million).
sPower signs 105 MW PPA under community choice aggregation program
sPower has secured a 20-year power purchase agreement (PPA) for 105 MW-AC of solar power with community choice aggregator MCE in California, making it sPower’s largest contract of this type to date, and the largest community choice aggregation (CCA) agreement known to pv magazine.
Approval granted for 100 MW PV plant in Western Australia
Sun Brilliance has received approval from the Mid-West development assessment panel (DAP) for the largest solar installation in Western Australia, with the solar developer still needed to finalize financing for the project.
Financing secured for 30 MW plant in Senegal
The Ten Merina 30 MW solar park is being financed by French private investment firm Meridiam, who has already financed a similar project in the country, as it looks to diversify its energy mix with all types of solar energy.
Two more Chinese companies ousted from EU price undertaking
Seraphim and Huashun have now been added to a growing list of Chinese solar manufacturers that have either left, or been excluded from, the European Commission’s minimum import price (MIP) for PV modules and cells, inviting questions of the scheme’s continued viability.
Finland’s first solar power investment fund set up by Evli and Nordic Shine
Finnish Evli Bank has become the majority shareholder in Finnish solar company Nordic Shine, as the two companies combine to create the country’s first ever solar investment fund, to expand the possibilities of distributed solar within the country.
100% renewable energy system cheapest for South America
Transitioning to a fully renewable energy system, with over 50% coming from solar PV, would be the cheapest option for South America and it is possible in the next 15 years, according to research conducted by the Lappeenranta University of Technology.
Additional investor commits to Meyer Burger
The Swiss PV equipment manufacturer has received a CHF 5.76 million (USD 5.7 million) commitment from new investor Brustorm SA, as the company continues its capital increase, as part of the major restructuring it announced earlier in the year.
NLC tendering 500 MW of solar PV in Tamil Nadu
State-owned company Neyveli Lignite Corporation (NLC) has started a tender process for 500 MW of PV in the Indian state of Tamil Nadu, according to Mercom Capital, with hopes that this tender will attract more interest than the recent undersubscribed TANGEDCO solar tender.
Ecoppia module cleaning solution chosen for Bhadla Solar Park in India
French energy group ENGIE has selected Ecoppia to provide its state-of-the-art, water-free solar panel cleaning system to 168 MW of a 190 MW PV system, to reduce the LCOE and maintain peak energy production of the panels.
