Philippine distribution utility streamlines net-metering permits
The Philippnes’ Energy Regulatory Commission has permitted local utility More Power to create a one-stop shop for processing net-metering and distributed energy resources (DER) applications. The initiative is set to benefit consumers in Iloilo City, Central Negros and Tagbilaran, Bohol.
McLaren Applied acquires Italian inverter maker Fimer
McLaren Applied Group has purchased Italian inverter manufacturer Fimer for an undisclosed sum through its subsidiary, MA Solar Italy Ltd. The deal, which includes Fimer’s business assets, will help McLaren Applied expand its core operations.
World’s largest CO2-based seawater heat pump goes online
German engine manufacturer MAN Energy Solutions’ CO2-based seawater heat pump, located in the Danish port city of Esbjerg, has started operation. The facility, with a total heating capacity of 70 MW, will provide climate-neutral heat to Esbjerg and neighbouring town Varde.
Bulgaria allocates 3 GW of renewables capacity, 1.17 GW of storage in auction
The Bulgarian authorities awarded BGN 526 million ($284 million) to 397 renewable energy projects in the country’s latest procurement exercise.
Masdar acquires 70% stake in Terna Energy
Abu Dhabi-based Masdar has taken a majority stake in Greek renewable energy company Terna Energy, with plans to launch an all-cash mandatory tender offer to acquire the outstanding shares.
Sinovoltaics updates PV module manufacturer financial stability ranking
The latest list sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy maintain the top three positions and Kyocera entering the top ten, up from thirteenths spot.
Australia launches 6 GW wind, solar tender
Registration has opened for the Australian government’s fourth Capacity Investment Scheme tender, which aims to underwrite contracts for 6 GW of new solar and wind projects.
Grew, Jakson, Jupiter Renewables, Saatvik to set up solar factories in India
The government of the Indian state of Odisha has approved new solar manufacturing investments from Grew, Jakson, Jupiter Renewables, and Saatvik.
Solar wafer prices stable, potential price hikes loom amid trade policy changes
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
UK records 1 GW of new solar in 12 months as pipeline swells
Government data records 17.2 GW of deployed solar capacity in the United Kingdom at the end of October 2024. Planning applications for three plants with combined capacity exceeding 1.8 GW submitted in November 2024, suggesting potential for greater additions in the future.
