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Europe

Kaco raises 2016 guidance on strong order increase

The inverter maker has significantly revised up its guidance after a strong start to 2017. The company said it had received several orders from the Middle East, Turkey and India.

Powerfield plans 300 MW module factory in the Netherlands

The Dutch solar company has launched a plan to build a 300 MW solar module manufacturing facility in Noord-Groningen, northern Netherlands. The factory is expected to begin manufacturing activities in 2018.

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Residential battery firm Moixa receives equity investment from Japan’s TEPCO

The developer of home batteries has attracted half a million pounds’ worth of equity investment from Tokyo Electric Power Company Holdings to aid its market expansion.

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Anesco and Limejump to build 185 MW UK storage portfolio

Renewable energy developer Anesco will partner with Limejump – which operates one of Europe’s largest aggregated battery networks – to develop the capacity, which is expected to be online by the end of 2018.

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AEG Power Solutions’ insolvency plan unanimously approved

All the creditors will have to provide a restructuring contribution in order to ensure the survival of the company. Once the insolvency plan is approved, the related insolvency proceedings will be closed.

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Italian solar market expected to grow by another 1.5 GW by 2020

The Italian energy agency GSE forecasts that a further 1.5 of PV capacity will be installed by 2020. Good business opportunities are also expected to come from the storage sector.

UK: 150 MW of new solar PV each month for next 12 months, says National Grid

National Grid, the UK’s transmission system operator, and the UK Office for National Statistics published separately some interesting data regarding the country’s solar PV sector.

Germany launches new auction for 200 MW of large-scale PV

The new bidding round includes incentives for projects on agricultural and grassland areas in disadvantaged regions such as Bavaria and Baden-Württemberg for the first time.

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Eneco and Mitsubishi build 48 MW battery in Germany

The storage system EnspireME is expected to become operational by the end of this year. Through an additional pilot project, surplus power from local wind plants will be managed and stored.

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Voltalia reports growth of revenue and operational profits for 2016

The French wind and solar power developer saw its turnover increase significantly last year. The company is completing the integration of Portuguese PV company Martifer Solar, which it acquired last summer.

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