Interview: Bringing solar power to West Africa with Off Grid Electric
CEO of Off Grid Electric Xavier Helgesen discusses the company’s goal of bringing solar power systems to three million West Africans and explains how off-grid solar is gaining wider acceptance as a “real” power source that can transform local economies.
Delta supplies 50.4 MW of inverters to Danish solar park
German subsidiary of the Taiwanese power group installs more than 1,000 of its M50A string inverters across cluster of 126 solar PV power plants in Vandel, Denmark.
TerraForm Global warns of danger ahead in 2015 filing
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
India to spend $1.8bn on power lines to support growing solar base
As part of the green corridor project, the Power Grid Corp. of India will build power lines to transmit 20 GW of power capacity across 34 individual solar power plants. Project cost to run to $1.8 billion.
1366, Hanwha Q Cells achieve 19.6% multicrystalline cell efficiency
Using 1366’s groundbreaking kerfless silicon wafers and Hanwha’s proprietary PERC cell process, the cells’ remarkable performance was verified by an independent testing firm.
100 MW Chinese solar project receives first loan issued by BRICS bank
The New Development Bank, a multilateral development bank established by the BRICS nations, has sanctioned its first loan agreement – $75.6 million financing for a 100 MW Chinese solar farm.
India to reach 57% renewable penetration by 2027, forecasts government
Bullish ten-year energy blueprint suggests India will surpass renewable targets outlined in Paris Agreement by more than 50% and three years ahead of schedule.
India: SECI’s 100 MW Andhra Pradesh solar auction shared by Azure Power and Adani
The Solar Energy Corporation of India’s 100 MW solar PV auction in the Indian state of Andhra Pradesh, issued under the domestic content requirement category, sees Adani and Azure Power win 50 MW each.
NextEnergy Capital acquires 16 MW Italian solar portfolio from Veronagest SpA
The London-headquartered renewable energy merchant bank signs share purchase agreement to acquire five Sicilian solar parks built by SunPower and developed by Italy’s Veronagest SpA.
Emerging markets deployed more GW of renewables than developed nations in 2015, finds BNEF
Latest Climatescope report by Bloomberg New Energy Finance finds that the 58 emerging market economies built 70 GW of clean power in 2015, compared to 59 GW among the 35 wealthiest OECD nations.
