Benin starts building 25 MW PV plant
Benin has started construction of the 25 MW Forsun PV plant, which is set to join the Defisol and TTC projects to expand the Illoulofin Solar Power Station’s total capacity to 75 MW. The government said the project is backed by a $25.8 million investment.
Grenada launches 15.1 MW utility-scale PV tender
Grenada is seeking an independent power producer (IPP) to build and operate a 15.1 MW utility-scale PV project for 25 years. The plant, planned near Maurice Bishop International Airport, will supply about 40% of the island’s peak load.
The MENA region – the next hot market for energy storage!
“The MENA region – the next hot market for energy storage?” I asked in an article back in October 2017. It took a bit longer than I expected, but seven years later it’s time to replace the question mark with an exclamation mark. It’s hot indeed.
Looming Trump tariffs drive rush on imports, push shipping costs higher
Freight costs are rising as businesses rush to import goods ahead of higher tariffs promised by US President-elect Donald Trump on Chinese and European products.
ADB to provide $160 million to finance 760 MW of solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-based Masdar is co-developing the project with a subsidiary of State Oil Company of Azerbaijan (Socar).
3Sun earns TÜV Rheinland certification, clearing way for PV module sales
Italian heterojunction module manufacturer 3Sun says it started production at its factory in Catania, Italy, in September.
Irish utility Bord Gáis acquires solar installer Swyft
Bord Gáis has purchased County Cork, Ireland-based Swyft Energy for an undisclosed sum to help it meet its target of 10,000 solar PV installations over the next five years.
DAS Solar to build 3 GW solar module factory in France
Chinese manufacturer DAS Solar says it will open a €109 million ($115.3 million) panel production plant in Mandeure, France, by 2025.
Australian farmers, communities forecast to benefit from clean energy shift
Payments to farmers and landholders hosting large-scale renewable energy projects across Australia’s main electricity grid are expected to top AUD 1 billion ($651.2 million) by 2030 and could reach up to almost AUD 10 billion by 2050.
China cuts export tax rebate for solar products
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
