Indian hydropower provider SJVN seeks partners to deploy 500 MW of solar
The state-owned Indian hydro-power producer has issued an EoI to select potential partners for the construction of large-scale PV plants across India. SJVN will have an equity share of over 26% in the proposed joint venture.
Kong Sun’s PV generation soars in January-April period
The Chinese solar investment group said that in aggregate, its PV plants generated roughly 374.7 GWh of electricity in the first four months of 2017, up approximately 87.5% year on year.
Good news coming from India’s EPC companies
RaysExperts adds 30 MW to its Rays Solar Park in just 90 days, whereas Rays Infra Power makes it on to IHS Markit’s top 10 EPC companies list, outside U.S. and China.
Sky Solar posts $3 million net profit in 2016
Net income hit $3.3 million in the 12 months to the end of December, from a net loss of $1.6 million a year earlier, although the Hong Kong-based PV independent power producer recorded a net loss of $8.7 million in the fourth quarter, from $7.4 million in the final three months of 2015.
Southern Company puts another 102 MW-AC of solar online in Texas
Southern’s Lamesa Solar Facility is the latest in a boom that is taking place across Texas, with over 1 GW-DC expected to come online this year.
US investors, led by Tesla/SolarCity, dominate list of non-Chinese solar PV asset owners
Report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the U.S.
German solar sector wants removal of capacity cap for PV
After conducting a review of the results of Germany’s six auctions for large-scale PV, which have led to a very good price/performance ratio for solar power, the German solar association said there is no more reason to set growth limits for the development of PV.
Solar to attract more investment than coal, gas and nuclear combined this year, says Frost & Sullivan
Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.
NCLAVE supplies trackers for 125 MW Australia project
The horizontal single-axis trackers from NCLAVE will be installed at the Clare Solar Farm in Australia.
Solar Frontier’s operating loss widens to $26.4 million in Q1
The CIS thin-film PV specialist has posted an operating loss of JPY 3 billion ($26.4 million) in the three months to March 31, from JPY 2.6 billion a year earlier. Net sales fell 41.3% on the year to JPY 22.2 billion.
