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AES Corporation acquires 91 MW PV project in Brazil

The group’s local unit AES Tietê, which specializes in hydropower production, has bought a project selected by the Brazilian government in the second 2015 auction. The compnany is now seeking to transfer the project from Pernambuco to São Paulo.

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Ukraine to lease area of Chernobyl nuclear plant for solar project

An area of around 2.5 million square meters will be leased for a PV project with a maximum capacity of 100 MW.

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State Bank of India’s 600 MW plan for rooftop solar moves forward

The $625 million program, which is being financed by the World Bank, will provide private developers with financing for viable grid-connected rooftop PV projects.

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Intevac’s revenue and profits pushed up by thin-film equipment sales

The California-based equipment supplier sold one Matrix solar ion implant system and two Energi solar implant systems during the second quarter of this year.

Kazakhstan’s Akmola Region prepares to host 100 MW solar power plant

The $165 million PV plant will be constructed by local company KBEnterprises with the support of ABB.

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Enel gets environmental approval for 290 MW solar park in Brazilian state of Piauí

The Nova Olinda project will be located near Ribera do Piauí, in the microregion of Alto Médio Canindé.

Study finds that storage prices are falling faster than PV and wind technologies

A study from the University of California and TU Munich in Germany shows that long-term R&D spending played a critical role in achieving cost reductions.

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Sri Lanka launches tender for 10 MW solar project

The solar facility will sell power to local utility Ceylon Electricity Board under a long-term PPA. Bids must be submitted by August 15.

Chint to build 300 MW distributed rooftop PV plant for Alibaba

The Chinese low-voltage electrical products provider will install the giant solar array on the rooftop of Alibaba’s new logistic center in China.

NPC Incorporated posts 346% revenue growth in first nine months of fiscal year ending 8/2017

The Japanese equipment provider also reported a profit of JPY 446 million ($4.0 million) for the first three quarters of the current fiscal year.

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