Shortage of wind, solar projects for December RES auction

The level of participation at a forthcoming RES auction announced by RAE, the Regulatory Authority for Energy, for December 12 will be subdued and not cover capacities to be offered for wind and solar energy projects, markeuntered by wind energy pt officials have forecast. Major license issuance delays encoark investors resulted in a bottleneck of…

SMA Solar remains cautious on business in 2018

Major PV inverter manufacturer SMA Solar Technology has reiterated sales and earnings guidance for 2018, despite a rebound in its utility-scale business unit and growing energy storage sales. The company expects global solar installation growth of approximately 7% to 109GW in 2018, with leading market China installing around 50GW, compared to over 53GW in 2017,…

Reden Solar acquires 50MW of solar projects in Portugal

French IPP Reden Solar has acquired several existing PV power plants in Portugal, representing a total capacity of 50MW.The firm, which already has a strong presence in France and Latin America, also plans to develop new projects in Portugal in the coming years.Thierry Carcel, president of Reden Solar, said: “This transaction marks a key milestone…