Fotowatio awarded 300 MW project in Mexican auction
The Spanish solar developer has revealed that it was awarded a 300 MW project in the second Mexican power auction that took place in September, with a lower than average bid of USD 26.99 per MWh.
Australia: Network lobby proposes special tariff to keep households on grid
Australia’s main network lobby is proposing a new tariff for stand-alone power systems that it says will encourage more than one million households with large amounts of solar and battery storage to stay connected to the main networks, rather than lead an exodus.
Suzlon & Ostro announce 50 MW project in Telangana
Suzlon and Ostro Energy, two names more commonly associated with Indias wind energy industry, have announced plans to jointly develop a 50 MW solar project at Wanaparthy, Telangana, according to Mercom Capital. Both companies expect the project to be commissioned in 2017.
Gamesa to develop 130 MW of solar in India
The Spanish clean energy company has been chosen by Indian developer Atria Power to build two large-scale solar PV plants in the country. Contract is firm’s largest order in India to date.
Leclanché ups 2017 revenue guidance to 75% growth
Swiss-headquartered energy storage specialist reveals contract backlog of 85 MWh and ongoing negotiations equating to more than 300 MWh of new storage capacity over coming years.
Sungrow connects 20 MW solar+storage microgrid plant in China
At a combined 20 MW, the microgrid plant in Shuanghu is the largest of its kind in the world, comprising 13 MW of solar PV and 7 MW of energy storage.
UK slips to lowest position ever in EY's renewables attractiveness index
14th place for U.K. comes on back of Brexit uncertainty and go-ahead of Hinkley Point nuclear plant. However, Europe generally on the rise according to Ernst & Young analysts.
Sunrun to deploy LG Chem batteries in the US market
Sunrun will offer LG Chem RESU batteries for the U.S. residential market through its BrightBox offering and subsidiary AEE Solar
Venture capital funding in batteries and smart grids declines sharply in Q3: Mercom report
Latest Mercom Capital report finds that just $102 million in VC funding for smart grid, battery storage and efficiency sectors was raised in Q3, down from $433 million in Q2. Project funds for residential and commercial storage soars, however.
IEA ups renewable forecast 13%, hails "impressive progress" of PV manufacturers
The International Energy Agency (IEA) has increased its mid-term renewable forecast by 13%. Largely on the back of key policy developments in the U.S., India, China and Mexico, the agency has pointed to wind and solar PVs central role as increasingly “affordable solutions” in the fight against climate change and air pollution.
