British renewable energy developer Lightsource has entered into a £1 billion partnership with asset manager BlackRock Real Assets to create Kingfisher, which will target 1 GW of solar capacity in the U.K. Partnership will also eye storage opportunities.
A report published by German engineering federation VDMA reveals strong demand for solar production equipment, with order intake in the first quarter of 2017 tripling over the previous quarter. The book to bill ratio of orders to delivered systems hit the ‘very high’ level of 4.4 for the first quarter of 2017
In the first year energy storage and electric vehicle sectors are included, REA’s annual publication reveals a 2.5% YoY increase in the number of jobs in the renewable energy industry, but also a significant decline in growth from two years previous when it was at nearly 9%. The Association points to negative policy changes as the reason behind the downward trend.
Swiss PV equipment supplier Meyer Burger has received a further order for its MAiA PERC production platform SiNA cell coating system from an existing customer based in Asia. The combined contract for both technologies amounts to CHF 22 million ($23.2 million).
The Norwegian developer had a project backlog of 1,143 MW and a project pipeline of 745 MW at the end of the second quarter.
The Norwegian polysilicon producer saw its revenue drop slightly Y-o-Y to $61.0 million in the latest quarter. Average solar grade polysilicon prices, on the other hand, dropped by 6.9% from the previous quarter.
As emerging economies in the ASEAN region search for new ways to access power amid growing demand, the Asian Development Bank (ADB) is looking to encourage development of renewable energy projects. This time, it has spent more than $50 million on shares of Thailand’s B. Grimm Power Public Company, which is looking to diversify its energy generation portfolio.
Launched in Paris during the COP21 summit, the International Solar Alliance, spearheaded by India and France, has this week welcomed Australia to the fold.