India: new record-low solar tariff in Tamil Nadu
Price of INR 3.47 ($0.053)/kWh set at the 1.5 GW TANGEDCO solar tender by developer Raasi Green Earth Energy, which will develop 100 MW of solar PV at that tariff.
US could suffer recession-era economic losses if climate change remains unchecked, study finds
Inequality will widen with many poorer parts of the US on course to see their income reduced by 20% if climate change continues to accelerate.
Japan: GE, DBJ launch $669.6 million solar fund
GE Energy Financial Services (GE EFS), the energy investment arm of General Electric, has started a new fund with the state-owned Development Bank of Japan (DBJ) to invest in operational solar projects.
Enphase threatened with de-listing due to low stock price
The warning from NASDAQ follows financial difficulties at the microinverter pioneer.
Austria provides a further €30 million for PV and storage incentives
The Austrian Parliament has approved a new renewable energy law. For the first time, storage combined with PV will receive support. The local association Photovoltaic Austria expects a 25% growth for PV in 2018.
Parcel delivery giant UPS announces 25% clean energy target by 2025
Global firm commits to cut emissions from ground fleet by 12% by same date, and targets one in four of all vehicle purchases to be electric or hybrid by 2020.
ADB supports introduction of Cambodia’s 100 MW National Solar Park Program
The Asian Development Bank to give technical, logistical and financial backing to the project, which is being set up by Electricite Du Cambodge. Program will be split across two phases.
Australia’s CEFC backs lithium mining project to tune of $15m
The Clean Energy Finance Corporation pledges AUS$20 million to part-fund the Pilgangoora lithium-tantalum project in Western Australia.
ADB rolls out $200m renewables package for 11 Pacific islands
Pacific Renewable Energy Investment Facility created by the Asian Development Bank to finance series of clean energy projects in 11 smallest island nations of the Pacific.
German, Austrian firms collaborate on 98 MW Chile solar farm
The Huatacondo solar park in northern Chile, commissioned by AustrianSolar Chile SpA, has been acquired by Sojitz Corporation in a deal overseen by Germany’s Oppenhoff & Partner on contractual matters.
