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PROINSO: a leading UK company in the global solar market has won the 2018 Queen’s Award for Enterprise in International Trade, in recognition of its outstanding performance. The Queen’s Award is the UK’s most prestigious award for business success. Recipients are chosen on the advice of the Prime Minister, who is assisted by an Advisory Committee that includes representatives of Government, Industry and Commerce, and the Trade Unions.PROINSO: a leading UK company in the global solar market has won the 2018 Queen’s Award for Enterprise in International Trade, in recognition of its outstanding performance. The Queen’s Award is the UK’s most prestigious award for business success. Recipients are chosen on the advice of the Prime Minister, who is assisted by an Advisory Committee that includes representatives of Government, Industry and Commerce, and the Trade Unions.

The Royal Grant of Appointment can be attributed to PROINSO’s outstanding export growth of 115% in 3 years to over 100 countries. Coupled with this is PROINSO’s assurance of responsible conduct in: managing the impact on society and the environment; the selection and control of suppliers; management of the production process; human resources and customer service.

PROINSO is a global leader in the solar market offering a comprehensive product range for commercial & industrial, utility, residential, diesel-hybrid and off-grid projects worldwide. Since its establishment in 2006, PROINSO has supplied over 2.7 GW to projects in 111 countries.

Mark Randall, PROINSO CEO, said: “This award is testament to the commitment, talent and values of the PROINSO team. It is also timely as 2018 marks the launch of a significant strategic step for growth. Receiving this prestigious award further validates our company character and responsiveness to change as we continue to advance our global capabilities.”

Wirsol Energy said that its 60MW Gannawarra solar farm in North-West Victoria is connected to the grid and energized, and is proceeding through the commissioning process.Wirsol Energy said that its 60MW Gannawarra solar farm in North-West Victoria is connected to the grid and energized, and is proceeding through the commissioning process.

Read more: Wirsol connects 60MW Gannawarra solar farm to...

Ares EIF has announced an acquisition of a majority stake in the renewable energy development, engineering, procurement, and construction company Conti Solar,Ares EIF has announced an acquisition of a majority stake in the renewable energy development, engineering, procurement, and construction company Conti Solar,

A fund managed by Ares EIF, the power and energy infrastructure strategy in the Private Equity Group at Ares Management will make the investment.
Expected to close at the end of April, the investment will give Ares EIF a majority ownership stake in Conti Solar with a minority position retained by The Conti Group. Terms of the transaction were not disclosed.

The company will continue to operate as Conti Solar, maintain its current offices, and be managed by its current executive team. The Conti Group will continue to be involved in the oversight and strategic direction of the company.

Conti Solar, previously a wholly-owned subsidiary of The Conti Group, has been active in the development, engineering, procurement, construction, and operations of solar and energy storage projects totaling more than 500 MW throughout the United States and in select international markets for more than a decade.
Conti Solar CEO Matthew Skidmore said: “The investment from Ares EIF will make Conti Solar a more dynamic company and will enable us to accelerate our growth and pursue additional strategic initiatives.

“Together, we will drive more value to our customers and partners across the industry.”

Ares EIF is an experienced investor in the U.S. power and energy infrastructure sector and has invested in nearly 130 different power and energy infrastructure assets with a combined underlying enterprise value exceeding $20 billion.

Ares EIF partner Keith Derman said: “Our investment in Conti Solar is a great strategic fit for Ares EIF, but, above all, it is an investment in Conti Solar’s management and the strong team and culture they have built over the years.

“We will work collaboratively with Matt and his team to continue to build upon the successes they have already achieved.”

The Conti Group chairman Kurt Conti said: “We are extremely excited to partner with Ares EIF as there is a strong cultural fit between our organizations in addition to complementary skill sets and a shared strategic vision.

“This investment continues to advance our longstanding vision of building a world-class renewable energy company.”

The UK has joined the Indian-led International Solar Alliance to provide people with access to cheap, clean, renewable energy by 2030.

The UK is joining the Indian-led International Solar Alliance (ISA) to give over 1 billion of the world’s poorest people access to cheap, clean, renewable energy, the International Development Secretary Penny Mordaunt has announced today (Monday 16 April) ahead of the Indian Prime Minister’s state visit later this week.

Narendra Modi’s flagship climate treaty has already brought together more than 60 countries who have pledged to increase solar power that will ensure homes remain lit, children can be educated in schools, health facilities can provide life-saving treatment, and businesses have access to vital mobile and internet services.

At an event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meetings (CHOGM), the UK cemented its membership to the ISA, which is aiming to raise $1 trillion of private and public finance to provide affordable and sustainable energy for all by 2030.

The International Development Secretary has championed the UK’s world-leading innovation and expertise – including from the City of London, the leading global centre for green investment finance - that will enable the ISA to deliver more effective programmes and help more of the world’s most vulnerable people.

International Development Secretary, Penny Mordaunt said:

The signing of this treaty is a momentous occasion for the UK, and demonstrates our continued commitment to providing the very best of British expertise to the renewable energy sector. With the UK joining the International Solar Alliance, the lives of almost a billion of the world’s poorest people, across the Commonwealth and beyond, will be changed for the better.

Partnering with like-minded countries and businesses who share the UK’s commitment to delivering clean, affordable energy will help end poverty while also delivering benefits for the UK by opening up business opportunities for UK renewable energy and green finance companies.

Without India’s leadership, the Alliance would not have come so far and so fast. By increasing access to solar energy, millions more babies will now be delivered safely, millions of farmers will be able to grow more crops and better support their families, and millions more children can be better educated.

The UK will support the ISA to develop solar water pumping projects, where farmers can use cheaper solar power – rather than diesel pumps - to water their crops. This will build on the success of similar initiatives in Uganda and Bangladesh where farmers are already growing higher value vegetable crops and increasing their incomes.

UK expertise will also help increase the number of ‘mini grids’ supplying power to remote areas that cannot be reached by the main electricity grid. These energy sources are a life-line for rural communities, helping to power business and homes, making sure the poorest people no matter where they live can access clean, reliable and affordable energy quickly to lift themselves out of poverty.

This new collaboration means the ISA will be able to make solar power cheaper by helping countries join forces to procure solar energy systems. Currently twelve ISA countries, including Commonwealth countries Bangladesh and Malawi want to purchase over 720,000 solar pumps through ISA. The joint purchase will see a significant reduction in solar pump costs for each of the participating countries and up to five million people in developing countries will benefit from this collective purchase.

Sonnedix’s 46.8MW Nagano Suwa Golf Megasolar PV plant has been inaugurated in the Nagano prefecture, Japan.Sonnedix’s 46.8MW Nagano Suwa Golf Megasolar PV plant has been inaugurated in the Nagano prefecture, Japan.

The inauguration was done at an event jointly hosted by Sonnedix and construction partner JFE Plant Engineering.

Read more: Sonnedix inaugurates 46.8MW Nagano Suwa Golf...

Fortum has been selected by S Group to build 10MW of solar electricity system on the rooftops of approximately 40 commercial buildings across Finland.Fortum has been selected by S Group to build 10MW of solar electricity system on the rooftops of approximately 40 commercial buildings across Finland.

With a total output capacity of about 10 MW, the solar electricity project is the biggest ever supply of rooftop solar electricity systems to be installed on rooftops in the Nordic countries. The total solar power production capacity in Finland in 2017 was about 35 MW.

Fortum is responsible for the project planning, project management and equipment procurement. The installation work will be conducted by about 10 teams from ARE. The installation work will start in spring 2018 and will be completed during autumn 2018 (with the exception of a few new sites).

“Realising our vision – For a cleaner world – isn’t easy nor can it be accomplished overnight. Fortunately, it is a goal that is also shared by many other companies and communities, and this S Group project to utilise solar energy in their commercial buildings is a prime example of that,” says Tatu Kulla, Head of Business Development, Fortum.

“The entire S Group has a shared goal to use our own renewable energy to produce 80 per cent of the electricity we consume in 2025. Our sites’ electricity consumption peaks during summer, right when the sunlight lasts longer and is more intense. In the best cases, during summer we can produce enough solar energy to satisfy 100% of the electricity needs of one building,” says Mikko Halonen, Managing Director, S-Voima.

“We chose Fortum to supply our solar electricity systems because its products and processes are reliable and audited. The life-cycle of a solar electricity system is decades long. We trust Fortum’s ability to meet its obligations years into the future,” Halonen continues.

India has initiated a probe into the alleged dumping of EVA sheets used in solar module industry, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand. In the probe, the directorate would determine the existence, degree and effect of the dumped products on the domestic industry. The probe will be carried out by the Directorate General of Antidumping and Allied Duties, which is an arm of the commerce ministry.India has initiated a probe into the alleged dumping of EVA sheets used in solar module industry, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand.

Read more: India intiates anti-dumping probe for solar...

Engie and investment partner Meridiam have been selected by Senegal’s Electricity Sector Regulation Commission (CRSE) as preferred bidder for two solar photovoltaic projects with combined capacity of 60MW.

These two projects are part of the Scaling Solar initiative in Senegal, conducted jointly by the Senegalese authorities and the International Finance Corporation (“IFC”, member of the World Bank Group). They are located in Kahone, in the Kaolack region, and in Touba-Kaël, in the Diourbel region.

ENGIE and Meridiam will hold a 40% shareholding in the project company. FONSIS, the Senegalese sovereign fund, will also be a shareholder with a 20% equity stake. The construction and the operation of the plants will be managed and executed by ENGIE.

Yoven Moorooven (CEO of ENGIE Africa): “Our consortium delivered a highly competitive offer by leveraging our experience of developing and operating renewable energy projects in Africa – in particular in Senegal. This success demonstrates the merit of our integrated model for solar whereby ENGIE is acting as investor, operator and EPC contractor through ENGIE Solar (formerly known as Solairedirect).The CRSE and the IFC set out a clear, sound investment framework, which favored the presence of long-term investors like ENGIE. Our focus will now be on finalising the projects to deliver the most competitive solar photovoltaic plants, to serve the country’s ambition of developing universal electricity access in a sustainable manner. Congratulations to the teams on this achievement. “

Mathieu PELLER (COO of Meridiam Africa): “We continue to deploy our fund in Africa, choosing projects aimed at supporting sustainable economic development. Thanks to the reduced costs of solar equipment, this particular project will have a high developmental impact by expanding Senegal's capacity to generate clean energy at a very competitive price. Increasing power generation is critical for the Government's objective to raise Senegal to the level of an emerging market by 2035. The Project aligns with the U.N.'s Sustainable Development Goal Seven, which calls for increasing the share of renewable energy in the global energy mix.”

In Senegal, ENGIE is already involved in the Senergy project, a 30 MW solar photovoltaic plant in the town of Santhiou Mekhé and in Ten Merina, a 29.5 MW solar photovoltaic plant in the region of Thiès, near Dakar. Both projects are currently in operation. In 2017, ENGIE signed a partnership with ANER, Senegal’s National Renewable Energy Agency which focuses on accelerating the development of renewable energy in the country. The Group is also implementing solar energy solutions for rural households in Senegal, Côte d'Ivoire and Cameroon. ENGIE has been selected for the Dakar TER project in partnership with Thales for the design and production of infrastructure and systems, with a contract amounting to 225 million euros.

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