Japan’s Looop signs 40 MW development plan in Kenya
The Tokyo-based PV module supplier has moved forward with the development of its first utility-scale PV plant by signing a memorandum of understanding (MOU) with the authorities in Kitui county, roughly 170 kilometres southeast of Nairobi.
EDF awarded PPA for 111.2 MW U.S. solar plant
The Valentine Solar Project, located in Kern County’s Mojave Desert, is expected to start selling electricity to Southern California Edison in 2019.
Morocco: 170 MW of solar PV at €0.042/kWh
Masen, Morocco’s public agency for renewable energies, has revealed that Acwa Power will develop 170 MW of solar PV plants in the country at a rate of €0.0422 per kWh.
BNEF: Global solar investment fell 32% in 2016
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
Tata Power and Adani top India’s solar developers, ABB is biggest inverter supplier
Extensive research from Mercom Capital has found that up until the end of 2016 Tata Power was the largest operator of utility-scale solar in India with almost 10% of the market, while Swiss company ABB has the largest market share of the PV inverters in the country, although the Chinese manufacturers are expected to make a surge soon.
New Energy Solutions to construct 120 MW of solar PV in Iran
Swiss company New Energy Solutions will begin construction of four solar farms in Iran in March, with a combined capacity of 120 MW, as Iran remains solar’s ultimate unknown quantity.
El Salvador awards 120 MW of solar PV at prices from US$50/MWh
Four PV projects were awarded in the second auction for renewable energy projects in the Central American nation.
BayWa r.e. acquires U.K. O&M service provider with a 160 MW portfolio
German solar developer and equipment supplier BayWa r.e. has announced the acquisition of U.K. O&M service provider Green Hedge Operational Services from the Green Hedge group, adding to its already impressive British portfolio of solar plants under its management.
Mercom: Total solar corporate funding falls 64% in 2016
It was not a pretty year for solar finance, but some sectors remained unscathed.
NexTracker to supply 30 MW project in Tamil Nadu
U.S. tracker manufacturer NexTracker announced this week that it will partner with project developers CleanMax Solar to supply 30 MW of its NX Horizon single axis trackers to a project in Tamil Nadu, India.
