“Junior” figures at state-owned Sinomec Refinery & Chemical Corp told investigators from then-GCL auditor Deloitte that most of an advance payment made for a granular silicon plant had been passed on, in a bid to dissuade GCL from halting the EPC contract, the solar manufacturer said on Friday.
Exxaro Resources wants to generate clean electricity for its Grootegeluk site in Limpopo province and has opened a tender for the EPC and operations contract.
A 25 MW project has been installed at the Simhadri thermal power station run by state-owned power company NTPC on the coast of Andhra Pradesh.
Prodiel recently went from being a single entity to a holding company, comprised of three different businesses. Its project development division has created a 50% joint venture with Everwood, and now the EPC unit that is looking for a new partner to grow.
The Jinko Power unit of the solar manufacturer is planning a huge hybrid solar and wind project and China Energy Engineering is also making, slightly more modest, plans for generation capacity, as poly maker GCL continued its great PV project sell-off.
The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particularly demanding guaranteed values to be achieved – these tests fail good projects. This can lead to costly delays and wasted effort spent trying to find issues that might not exist. Everoze Partner Dario Brivio reviews the likelihood of this happening and considers ways to increase confidence in the precision of such tests, based on recent independent analysis of real-world projects.
Covid-19 border closures meant the first ‘active network management’ system was planned and commissioned for the Asian nation by the U.K. division of Saudi-owned smart grid specialist ZIV Automation.
The news comes on the day a private equity investor in the English North East announced plans to jointly develop a 1.4 GWp solar portfolio with Canadian Solar.
Oil India, a state-run oil producer, has issued a call for bids to build at least 100 MW of solar capacity at any location in India on a turnkey basis.
A new wave of consolidation and some reshuffling is underway among market leaders in the solar EPC space, writes IHS Markit’s Josefin Berg. In 2019, the 30 largest EPC providers globally installed 28 GW of non-residential PV, representing 26% of the total market. This increase from 21% in 2018 stems mainly from a growing concentration in the Chinese PV market, as well as integrator concentration in rapidly growing markets like Spain and Vietnam.
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