Europe’s largest unsubsidized solar project to be constructed by WElink
A 221 MW solar project in Portugal is now under construction. When complete, it is set to be the largest unsubsidized solar PV project in Europe.
REC Silicon sees 38% sales increase in Q3
Leading polysilicon producer REC Silicon posted revenue of $75.5 million in the third quarter – 23% above the previous quarter. REC saw a 38.2% increase in sales volume, despite polysilicon production for the quarter coming in slightly below guidance.
BBOXX finalizes $5 million finance deal
Up to 150,000 Rwandans will be given access to electricity by next generation utility BBOXX, after it successfully closed the deal on a $5 million facility with Deutsch Asset Management’s essential Capital Consortium.
UK: Industry bodies respond to Cost of Energy review
An independent review into the cost of energy across the UK supply was published earlier this week. The review has seen a mixed response from the renewables segment, and has been criticized by industry bodies for failing to recognize the opportunities presented by a decentralized energy system focused on renewables.
SolarPower Europe: Global solar market to reach 100 GW in 2017
The latest market analysis from industry body SolarPower Europe predicts that global PV demand will reach the 100-gigawatt mark for the first time in 2017.
Wacker Chemie raises 2017 expectations to €1 billion EBITDA
German chemical supplier has raised its financial outlook for the year for the second time in three months, on the back of a strong third quarter. The company is now forecasting a full year EBITDA (earnings before interest, tax, depreciation and amortization) of €1 billion.
Foresight Solar Fund to issue new share placement
UK based PV project investor the Foresight Solar Fund has announced plans more than GBP 75 million ($99 million) in investments through the placement of new shares.
Meyer Burger scores 200 MW bifacial HJT supply deal in Italy
Meyer Burger has signed a deal to supply 200 MW of bifacial heterojunction (HJT) solar production equipment to an undisclosed Italian PV manufacturer, in a deal valued at roughly CHF 45 million ($45.4 million).
European Parliament proposes nationally binding renewables targets
The European Union should aim for 35% of renewables in its energy consumption by 2030, with nationally binding targets introduced to support EU goal, European Parliament says.
sonnen to invest €80m to install home storage systems to 20,000 homes in Italy
A total of 20,000 sonnen home batteries are to be delivered in Italy by German company sonnen over the next 24 months after an €80 million ($94 million) deal with a newly formed alliance of regional installers.
