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US: TerraForm Power acquires 48 solar projects from Integrys

SunEdison’s yieldco vehicle, TerraForm Power has acquired 23 MW of solar across 48 plants totaling 34 MW from a subsidiary of Integrys Energy Group, Inc. TerraForm will pay US$45 million and assume $10 million in project debt.

The pv magazine weekly news digest

Turbulent times for Hanergy follow turbulent weather for Solar Impulse, but the tumult could not derail solar’s juggernaut, which enjoyed a series of positive news stories this week.

JinkoSolar supplies 33 MW of PV modules to Chile project

JinkoSolar Holding Co., Ltd has supplied 33.67 MW of modules to Rijn Capital’s San Pedro solar project in Chile’s Atacama desert.

US: 440 MW of PV approved under Western Solar Plan

Three solar PV projects worth 400 MW have been approved by the Bureau of Land Management (BLM) under its Western Solar Plan. Up to 1,900 construction jobs are expected to be created.

Ikea pledges EUR 100 million for solar expansion

As part of a EUR 1 billion climate action investment, Ikea has pledged to channel EUR 100 million in installing solar. Overall, EUR 600 million will go towards wind and solar projects, with the remaining EUR 400 million going to the Ikea Foundation.

Vivint Solar unveils $150 million plans for commercial, industrial solar sector

As part of its expansion plans, Vivint Solar has announced it will enter the commercial and industrial solar sectors via a US$150 million investment fund. It has also partnered with a number of EPC companies.

Daimler enters energy storage market with Mercedes-Benz branded batteries

Daimler AG has announced its entry into the stationary energy storage market. With its Mercedes-Benz branded lithium-ion batteries, it will target both industrial customers and residential applications.

JinkoSolar strikes 80 MW DG module supply deal in China

Chinese PV manufacturer to supply China Southern Power Grid Synthesis Energy with modules to be deployed in distributed rooftop PV projects in China’s Guangdong and Hainan provinces.

Ambitious interconnection plans could transform Europe

Europe recently approves studies for energy infrastructure plans that could transform its energy market and boost renewable investments. Electricity interconnection plans specifically between U.K. and France, and Greece, Cyprus and Israel stand out. 

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Eminent UK scientists announce global clean energy "space-race" program

The Global Apollo program looks to emulate the successful moon missions of the ’60s by diverting similar levels of efforts and funding towards making clean energy cheaper than coal.

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