The company has also been granted a licence for the deployment of 12 MW of storage in the Netherlands.
The lawyer Michael Jaffé has been appointed as insolvency administrator of the German PV project developer. He is already in talks with potential investors.
Through the merger with the U.S. company, the Photovoltaik-Institute (PI) wants to gain a foothold in the world’s second largest photovoltaic market, the United States.
The solar project Planta Solar Núñez de Balboa, which was originally developed in 2012, is expected to sell power on the Spanish spot market.
European renewable energy investment platform Vortex, has sold a 45% equity stake in Vortex Solar Investments to Kumpulan Wang Persaraan (KWAP), Malaysia’s second largest pension fund, in a GBP 67.5 million transaction.
Starting from next year, the incentive scheme for solar in Austria will change. FITs will be prioritized for self-consumption projects. In addition, starting in March 2018, a nationwide storage incentive prorgam will be launched.
Wirsol has announced the acquisition of two solar projects totaling 16 MW, which are gearing up to begin construction in the U.K. Wirsol also says it has plans to expand this portfolio to around 150 MW over the next 18 months.
Work is heating up on 10 MW of solar PV plants in Armenia, which were commissioned under a special tariff announced in December 2016. Three MW have already been commissioned, with the rest scheduled for completion in 2018. Additional utility-scale quotas are also set to be published next year.
Minister heading the Prime Minister’s Office, János Lázár, outlines plan to ease regulations regarding solar installations up to 500 kW installed on small one hectare sites, confirms government will offtake all solar energy produced.
France’s PV sector demonstrates regained confidence in the future of solar PV in both domestic and foreign markets. This was the key takeaway from renewable energy event, EnerGaïa, which took place this week in Montpellier. Expectations are that the event is fast becoming France’s energy transition fair. pv magazine presents the four themes dominating 2017’s event.
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