Utility Scale PV

The independent power producer reached 1 GW of operating solar projects before the calendar turned to 2017.

The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.

IFC is picking up an equity stake in Hero Group’s renewable energy division, which it says will enable it to build 1 GW of solar and wind plants in India.

The Chinese inverter manufacturer will supply its central inverters to Blue Capital Management’s 200 MW solar PV installation in Japan, as it continues to expand its reach outside of the domestic Chinese market.

The Solar Energy Corporation of India (SECI) announced today that 2.3 GW of new solar projects will be tendered by the corporation shortly, while the Tamil Nadu Generation and Distribution Corporation (TENGEDCO) has just begun the tendering process for 500 MW of solar PV within the state.

Australian zinc metals producer Sun Metals is to build a 100MW solar PV plant to supply its refinery located near Townsville, in northern Queensland, in a landmark development in the Australian renewable energy landscape.

2017 begins with yet more positive price reduction momentum, while Spain reveals details of its renewables auction and Comtec Solar and Longi agree to asset purchase.

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.

Renewable energy investment platform, managed by Egypt’s EFG Hermes, to purchase TerraForm Power’s U.K. solar portfolio for £470 million.

Project comprises three 50 MW solar plants commissioned with an average weighted tariff of US 8.5 cents/kWh.