enerparc

German-headquartered solar developer Enerparc has sold 193MW worth of its Australian solar PV assets to Ingka Group, the owner of furniture retailer IKEA.

IKEA owner Ingka Group has invested €340 million (US$370.84 million) in 440MW of solar PV projects in Germany and Spain, to be built by developer Enerparc.

The ‘Retrofit AR’ coating, an offspring of DSM’s industry-leading anti-reflective (AR) coatings, gives older, uncoated solar modules an instant energy boost of up to 3%, according to lab and field tests. For power plants built before 2012, it is an especially attractive way to increase yield while keeping feed-in tariffs high and boosting internal rate of return (IRR), compared to panel replacement programs.

While debates on government support roll on, these parks wave the flag for pushing ahead without subsidies.

The LEGO holding company and investment fund KIRKBI has acquired the US arm of solar developer Enerparc.

Solar prices in Germany’s latest auction rose for the first time since the country started solar-based tenders in 2015, according to results released by Germany’s Federal Network Agency.

Ohio-based racking and mounting equipment installer Solar FlexRack has installed its TDP turnkey tracker solution in Nebraska’s largest solar PV plant.