Sparx posts $4 million profit in Q1
Japanese asset manager Sparx has reported a profit attributable to owners of the company of ¥460 million ($4.15 million) in the first quarter of the current fiscal year, as it connected roughly 20 MW of new PV capacity to the grid.
German gas provider Gasag to deploy 40 MW of PV in eastern Germany
The PV plants will be located in the region of Brandenburg, and will require an investment of €32 million.
Puerto Rico plans to add 240 MW of solar by June 2019
The new PV capacity will be part of a plan to add 1.5 GW of new generation capacity and to address the state of emergency of the country’s electricity system.
Quercus buys 18.4 MW of solar plants in southern Italy
Including these new plants, the company owns now around 100 MW of PV assets in Italy.
BECE forecasts sharply higher H1 profit
Beijing Enterprises Clean Energy (BECE) expects its consolidated net profit to soar by 700% to 800% year on year in the first half of 2017, based on a preliminary review of its unaudited results.
Lesotho secures grant from AfDB to launch 20 MW solar project
If built, the solar facility would be the country’s first large-scale PV power plant and would contribute to 13% of its maximum system demand.
India in line for 9.4 GW solar additions in 2017, says Bridge to India
Report by market analysts forecasts India to become world’s third-largest solar market for 2017 but warns of headwinds including rising competition forcing down tariffs, uncertainty caused by anti-dumping issue, and potential rising module prices.
First Solar scores 241 MW deal in Australia
First Solar has agreed to supply 241 MW (DC) of its thin-film PV modules to Sydney-based EPC contractor RCR Tomlinson for Edify Energy’s 180.7 MW Daydream and 60.2 MW Hayman solar projects in the Australian state of Queensland.
Australia’s CEFC backs 200 MW of large-scale Queensland solar projects
Undergoing a complete transformation, the site of the hotly contested Collinsville coal-fired power station and mine is set to become Queensland’s solar hotspot. The state-owned green lender secures financial backing for two more solar farms, bringing some important new investors.
Spain’s Tamesol breaks into Turkish market bagging 37 MW of projects
Having closed an exclusive partnership agreement with Arevo Enerji Sanayi Ve Ticaret AS to distribute its modules for solar projects in Turkey, Spanish PV manufacturer Tamesol has managed to get a grip on the Turkish market, known for its strict limits on imports of solar modules.
