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India: TANGEDCO's 500 MW Tamil Nadu solar tender represents risk, says Mercom

Tamil Nadu.

Known for late payments and curtailment, the latest request for selection by the Tamil Nadu Generation and Distribution Corporation represents something of a risk for developers, says Mercom Capital.

Greece to tender PV capacity in December

Athens, Greece. Image: Wikimedia Commons

Greece will run its first renewable energy tender on 12 December. It is a pilot tender for a total capacity of at least 40 MW, which is reserved solely for solar PV projects.

SolarWorld to miss 2016 forecasts

Image: SolarWorld

The German PV manufacturer announced that although it is set to achieve its shipment forecast for 2016, it is unlikely to meet its revenue and EBIT forecasts for the year, and has already begun to point the finger at Chinese...

Target displaces Walmart as the top corporate installer of solar

California Walmart store. Image: Walmart

Target has reached 147.5 MW of solar capacity, installing 69 MW in the first nine months of 2016 alone.

Masdar signs PPA with Jordan's NEPCO for 200 MW solar plant

Solar array in Jordan.

The UAE-based clean energy developer has agreed a PPA deal for its 200 MW PV plant in Jordan with the Kingdom's National Electric Power Company.

The pv magazine weekly news digest

Under the planned agreement, Panasonic will manufacture cells and modules at Tesla's plant in Buffalo, New York.

It’s been a week of broken records and big investments for the global solar industry. The Indian market still looks unstoppable, while Tesla continue to make big moves in the U.S. industry, despite not yet knowing if and when...

Jordan initiates the Green Corridor tender; increases PV target

Jordan has begun to process bids for the first of its Green Corridor Project tenders.

The week has seen excellent news for solar in Jordan, which has initiated the tender of the vital Green Corridor project and increased its national target for solar PV. pv magazine reports the latest development from Jordan's...

Neo Solar Power raises $120 million via bond offering

The Taiwanese company’s third placement of credit-enhanced zero coupon convertible bonds (ECBs) earlier this week was twice-oversubscribed.

Former coal boss seeks approval for 300 MW solar plant in Port Augusta

The proposed project area for the plant, outside of Port Augusta. Image: Google maps/Renew Economy

The former head of Australia’s most polluting brown coal generator is proposing a 10-fold increase in the size of a solar PV plant he proposes fills in the market gap created by the closure of Port Augusta’s own brown coal-fired...

Ciel et Terre, GermanSolar Asia to build 5MW floating PV project in Taiwan

The two companies expect to finish the first phase of the project — Taiwan’s first floating solar array — in June 2017.

SPI Energy nails financing for 4.8MW DG project

The Shanghai-based PV solutions provider has secured an eight-year financing deal with the Bank of Jiangsu for an array in Nantong, Jiangsu province.

Solar PV in Ethiopia: A state of flux

Addis Ababa in Ethiopia. Image: Simisa

Expectations for solar PV in Ethiopia have increased significantly over the last few months, with formal discussions taking place over a PV tender. However, the government's recent declaration of a state of emergency, which is...

Success for solar in electricity auctions in Latin America

Chile Atacama desert 100 MW array.

The drop of solar module prices has been key to the competitiveness of solar energy in international electricity auctions over the last year.

Stunning price falls could spark another gold rush for US solar PV market

SolarCity rooftop array. Flickr image by orngejuglr.

A Deutsche Bank report has predicted "sharp declines" in US solar module and inverter prices that it says could drive payback periods down to less than five years and spark a "final 'gold rush'" in the American residential,...

8minutenergy announces capital raise to support 5.5 GW PV pipeline

8minutenergy's 50 MW Chocolate Mountain solar PV plant in California. Image: 8minutenergy

The California-based solar developer is looking to take advantage of a growing U.S. PV market, by raising capital on its near shovel-ready projects, which the company believes have a value in excess of USD 1 billion.

GCL New Energy selling USD 14 million of PV equipment to China Finance

GCL New Energy project. Image: GCL New Energy

The solar PV manufacturing equipment will be sold to China Finance in two separate transactions, and will then be leased back to two separate subsidiaries of the GCL New Energy group, as the company looks to raise capital to...

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