JAG to raise $47.6 million with project bonds in Japan
JAG International Energy aims to raise ¥5.4 billion ($47.6 million) to fund the completion of a 17 MW solar project north of Tokyo.
First Solar signs 63 MW module supply agreement in Australia, also partners with Zorlu Holding
The Australian supply deal sees the U.S. solar company supply 63 MW of thin film modules to the Kidston Solar project, while partnership with Turkish developer Zorlu will bring exposure to 26 selected markets.
Japanese venture snaps up 10% of ReNew Power for $200 million
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
Genex Power secures $76.8 million for 50 MW Australian mine PV
The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.
Onyx Solar begins construction on largest solar skylight installation
A new mixed-use building complex being developed by Somerset Development will feature the installation of more than 3,200 solar skylights, which will generate electricity whilst naturally illuminating the complex.
Sparx’s clean-energy investments hit $1.2 billion in Japan
Solar accounts for nearly 92% of its 307 MW renewables portfolio, with total investment reaching ¥137.3 billion ($1.2 billion) by the end of January 2017.
Sumitomo Corp. to develop 32.3 MW in Fukushima
The Tokyo-based group will oversee construction of the ¥13 billion ($114.3 million) project in the city of Minamisoma, on the east coast of the Japanese island of Honshu.
Analysis: India’s record-low solar tariff product of unique circumstances, says Mercom
Price of INR 3.30/kWh recorded at Rewa Solar Park auction in Madhya Pradesh among lowest in the world, and marks continuation of downward trend. Many factors played a role in bringing down the price in this particular auction, says Mercom Capital Group.
Sonnedix to deploy 170 MW of solar PV in Japan
The independent power producer has signed a development partnership with GSSG Solar to build a 170 MW solar portfolio in Japan through its Japanese operator, Nippon Solar Services.
ABB to transfer solar inverter business to new division
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
