India tops 8.6 GW of solar, ratifies Paris agreement
India’s clean energy progress takes a couple more tangible steps as the country surpasses 8.6 GW of solar PV capacity installed and gives its approval to ratify the Paris Agreement.
Mobisol attracts fresh investment
Investec Asset Management has acquired a significant stake in the German off-grid solar company, while existing shareholder DEG has increased its stake, as the off-grid market in Africa continues to show impressive growth figures.
EDF Renewable Services wins asset management and services for 200 MW portfolio
EDF Renewable Services (EDF RS), of San Diego, announces that they recently assumed the Asset Management and O&M services on a portfolio of solar photovoltaic projects totalling 200 MW.
Turkey to launch new 1 GW solar tender by the end of the year
Turkey’s energy minister announced a new solar tender to be launched by the end of the year. Initial information gives some clues as to what this tender might include.
IREDA plans to encourage bond issuance by solar developers
The Indian Renewable Energy Development Agency (IREDA) is planning to trial a Credit Enhancement Guarantee Scheme. The scheme will be aimed at encouraging bond issuance by developers for solar and wind projects that have been running for one year or more.
The pv magazine weekly news digest:
A tough week of tariff cuts and bankruptcies for the solar industry, although a few success stories from California, India and the Middle East serve to lighten the mood. The strange story of a potential lifeline for SunEdison, as well Solars mention in the first U.S. Presidential debate, also make for interesting developments.
Meyer Burger announce major restructuring
Swiss solar technology provider Meyer Burger today announced a company wide restructuring program. The program aims to reduce the companys overall operating costs by CHF 50 million.
Breaking: China looking to dramatically cut solar PV FIT
A recent document from China’s National Development and Reform Commission (NDRC) confirmed the rumor that China will continue to cut its FIT for renewable energy starting from 2017. It also indicated it may be a dramatic cut.
Huawei expands operations in Europe
Heavyweight Chinese inverter manufacturer Huawei Solar announced an expansion of its European Supply Center, with a new inverter production facility in Eindhoven, Netherlands, which the company hopes will help it service its European customers with better efficiency and flexibility.
TerraForm Global clears way for sale of SunEdison India and Uruguay assets
SunEdison yieldco has consented to the third party sale of the bankrupt clean energy developer’s 425 MW Indian solar portfolio and further assets in Uruguay. Firm will receive a portion of the proceeds.
