Italy installed 323 MW of solar in first nine months of 2017
The Italian solar market has grown by 13% so far this year and by 6% in the third quarter. New additions for September reached 32.2 MW.
REC Group places equipment order with Aurora Solar Tech
Aurora Solar Technologies today announced that it has received an order from Norway headquartered vertically integrated PV manufacturer REC Group for its inline cell measurement equipment. The order is expected to ship in January 2018.
Germany added 117 MW of new solar in September
Figures from Germany’s Federal Network Agency (Bundesnetzagentur) show that 117.185 MW of PV projects was added in September. Of this new capacity, around 11.38 MW was ground-mounted projects, and 238.4 kW was part of the country’s tenant electricity (Mieterstrom) scheme.
Scatec Solar issues $92 million in green bonds
Norwegian based project developer Scatec Solar has announced the successful placement of NOK 750 million ($92 million) in unsecured green bonds.
Nidec nails EPC, battery deal in Corsica
Nidec Industrial Solutions (NIS) has agreed to supply a battery energy storage system (BESS) for a turnkey PV project in Corsica.
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.
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.
