Utility Scale PV

The Solar Energy Corporation of India’s 100 MW solar PV auction in the Indian state of Andhra Pradesh, issued under the domestic content requirement category, sees Adani and Azure Power win 50 MW each.

The London-headquartered renewable energy merchant bank signs share purchase agreement to acquire five Sicilian solar parks built by SunPower and developed by Italy’s Veronagest SpA.

Latest Climatescope report by Bloomberg New Energy Finance finds that the 58 emerging market economies built 70 GW of clean power in 2015, compared to 59 GW among the 35 wealthiest OECD nations.

China’s NEA has officially dropped the target to at least 105 GW by 2020, as well as setting goals for the PV industry and indicating that it will emphasize projects in Eastern China and the region around Beijing.

The project development arm of LG Group has won the contract to build the $142.55 million Japanese solar farm, which will be owned and operated by China’s Canadian Solar, with funding from Hanwha Group.

Update from SolarPower Europe reveals that the continent installed 1.56 GW in the months from June to September, a 10% decline on Q3 2015. First nine months of the year saw 5.3 GW installed, a decline of 18%.

Harworth Group confirm it is to construct the 5 MW solar PV plant at land near the former Kellingley Colliery in North Yorkshire, which was the last of the U.K.’s underground coal mines to close last year.

This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.

Analyst’s quarterly data shows 2016 will deliver 34% year-on-year growth rate as Chinese demand fuels another strong 12 months for the industry, with annual installed capacity to reach 77 GW.

Chinese solar plant developer secures sizable non-recourse term loan facility to refinance 50 MW of solar PV parks in the U.K. Finance supplied by British bank NatWest.