Markets & Policy

Tokyo Gas, Shizen Energy launch solar development venture

The liquefied natural gas distributor and its partner plan to start jointly developing an initial 60 MW of capacity “as soon as possible,” according to an online statement.

The pv magazine weekly news digest

The Toyota Prius gets rooftop solar, Fraunhofer and Hevel push multicrystalline and HJT efficiencies, Saudi Arabia begins 300 MW tender process and Tesla publishes its Q4 2016 financials – welcome to the week that was.

AES dives deeper into clean energy with SPower acquisition

The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.

Foresight Solar Fund acquires 49.6 MW UK PV plant

Second large-scale solar investment in 2017 sees the London-headquartered investment firm snap up the Sandridge solar farm in Wiltshire, southern England.

JA Solar preliminary 2016 figures suggest raised shipments, revenue

The Tier 1 solar company ups its projected module and cell shipments projection above guidance figures to 5.1 GW to 5.2 GW, with revenue for the year expected to be around $2.2 billion.

Renova surges on Tokyo trading debut

Shares of the Japanese renewables developer — which has a solar portfolio of 270 MW — jumped ¥675 ($5.98) to an opening-day closing price of ¥1,425 on the Tokyo Stock Exchange’s (TSE) Mothers board.

ARENA backs deX project to deliver open-source digital marketplace coupling distributed solar-plus-storage and grid services

The Australian Renewable Energy Agency (ARENA) is providing $450,000 (US$346,000) towards the Decentralized Energy Exchange (deX) project, which aims to produce an open-source software platform on which grid services can be provided and monetized by distributed battery storage. A combination of Australian utilities, research bodies, and startups are collaborating on the $930,200 ($715,000) deX project.

SolarCity drags down Tesla’s Q4 results

The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.

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Dai-Ichi Life, Japan Post Insurance start jointly financing PV

The two insurance firms have already provided ¥10 billion ($88.4 million) in project financing for an undisclosed solar project near Tokyo and another in the Tohoku region, on the northern end of the island of Honshu.

First Solar secures financing for 59.5 MW in Japan

Mizuho Bank arranged the ¥27 billion ($240 million) syndicated loan for the array in Ishikawa prefecture.