Solarzoom launches new trading platform for distributed PV in China
Trading platform for solar projects launched to connect potential investors with distributed solar PV assets across China.
China to invest $361bn in renewables by 2020, says NEA
Country’s National Energy Administration confirms in blueprint document plans to spend 2.5 trillion yuan on developing its solar, wind, hydro and nuclear power sectors, Reuters reports.
Younicos increases bookings 400% in 2016 to 75 MW
The battery storage company ends 2016 with an order pipeline of 1.2 GW through to the end of 2018, latest reports show.
Vortex to acquire 365 MW of UK solar from TerraForm Power
Renewable energy investment platform, managed by Egypt’s EFG Hermes, to purchase TerraForm Power’s U.K. solar portfolio for £470 million.
Over 128,000 California homes go solar in 2016
New data from state California Solar Initiative (CSI) program Go Solar California reports that over the first 10 months of 2016, a total of 128,485 Californian families went solar, according to California Citisuns, the solar consumer advocacy based in Sacramento. The total suggests a 2016 total of over 154,000 new solar homes in the state.
Azure Power connects 150 MW of solar in India’s Punjab state
Project comprises three 50 MW solar plants commissioned with an average weighted tariff of US 8.5 cents/kWh.
ReneSola to develop 335 MW of solar rooftop systems in China
Fully-integrated solar developer ReneSolar has signed a framework agreement with emerging PV player Beijing Enterprises Clean Energy Group to act as EPC for 335 MW of solar rooftop projects in China, which are due to be completed in just six months.
Solar on course to become the world’s cheapest source of energy within the next 10 years
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
SECI announces winners of 500 MW rooftop auction in India
The Solar Energy Corporation of India (SECI) has released a list of the winners for projects within the eagerly observed 500 MW rooftop auction, with prices falling to record lows, although full capacity details of the projects have not been included within the list.
India to install more than 9 GW of solar in 2017, forecasts Mercom Capital
Pace of Indian solar growth to accelerate this year as the nation is set to more than double 2016’s 4 GW capacity; however, headwinds regarding transmission and evacuation issues could slow expansion, Mercom says.
