Markets

In the most anticipated decision for the U.S. solar industry since the Investment Tax Credit vote in 2015, the industry now braces to see what sanctions the USITC will recommend to President Trump on November 13.

China’s Hanergy Holding has signed a CNY 300 million ($45.5 million) strategic agreement with bike-sharing company MTbike, following several other agreements it has recently concluded to generate power with firms in the transportation industry.

The government of the eastern African nation has revealed plans to bring power to remote areas in the provinces of Maputo, Gaza, Inhambane, Sofala, Manica, Tete, Zambézia, Nampula, Niassa and Cabo Delgado.

The World Bank and Electricity of Vietnam (EVN) have installed five solar measurement stations across Vietnam, as part of a campaign to promote the deployment of renewable energy.

Last week at North America’s largest solar and storage trade show, Solar Power International, pv magazine hosted its third Future PV Roundtable. The event saw an engaging discussion of PV manufacturing and project development approaches, each with a unique approach to reducing solar’s LCOE.

The French government has announced that 310 projects were selected in the second 150 MW round of its 1.45 GW tender scheme for rooftop PV. The next round will be held in November.

Solar projects with a capacity above 1 MW will compete with wind projects in a 150 MW renewable energy auction to be held in Poland by the end of this year, according to local research institute IEO.

Solar had the largest share in the final procurement round, with PV developers securing 382 of the 390 assigned feed-in tariff (FIT) contracts. Around 35% of the offered contracts are projects in indigenous communities.

France-based oil giant Total has agreed to acquire a 23% stake in French renewable energy group Eren RE for €237.5 million ($282.6 million).

The Government of Colombia has dedicated COP 200 billion ($69 million) to renewable projects, as part of the country’s sustainable development objectives. The projects funded will supply up to 60,000 Colombian’s with electricity, according to the Ministry of Mines and Energy.