India’s Waaree Energies finishes 49.5 MW in Vietnam
The Mumbai-based EPC contractor and module manufacturer expects its international business to account for more than 15% of its overall revenue. The company’s latest installation, in Vietnam, marks the completion of over 600 MW of solar EPC projects, with an additional 100 MW in its international pipeline.
Biden promises 100% clean energy in US by 2050
U.S. Presidential candidate Joe Biden has released his climate plan, which focuses on tax cut reversals and executive action to kickstart 100% clean energy and net-zero carbon emissions by 2050.
First corporate PPA for large-scale PV announced in Poland
The PPA relates to a 5 MW solar project that the renewable energy unit of local utility PGE is developing in south-central Poland. The facility, which is expected to come online in mid-2022, will sell power to two big chemical companies operating in the region.
Anheuser-Busch buys big solar in US
The brewer of such fine beverages as Busch Light has signed a power contract with Recurrent Energy for the electricity generated by the 222 MWac Maplewood solar project in Texas. The deal will positions the brewer to reach its sustainability goals four years sooner than anticipated.
Marubeni leads $26m investment in off-grid African solar
The Japanese conglomerate is leading a $26 million equity investment in Azuri Technologies, which provides pay-as-you-go solar home solutions to off-grid communities throughout sub-Saharan Africa.
Growth slows in India as developers add 1.7 GW of solar in Q1
The country’s solar installations fell 49% year-on-year in the first three months of 2019, with rooftop PV additions plunging as installers struggled to secure approval for projects immediately before the Indian general election, according to new statistics from Mercom India Research.
Scatec Solar and Acciona move forward with separate projects in Ukraine
The Ukrainian market has emerged as rather fertile ground for project developers over the last two years, as a newly enacted law has eased uncertainty over the market’s future, with a quota-based auction system set to replace the country’s generous feed-in tariff scheme in 2020.
Solar-plus-storage gets its share in Brazil’s auction for non-interconnected state of Roraima
Although only two of the nine projects selected in the auction are for hybrid biomass-solar power plants with some storage, seven will rely on renewable energy sources. The largest selected project, however, is a 123 MW gas power plant in the city of Boa Vista.
Tongwei announces output tie-up with Longi
The two Chinese companies will acquire 30% shares in each other’s respective wafer and silicon businesses and plan to purchase at least 75% of each other’s future output, as part of a complex mutual investment arrangement announced ahead of the SNEC PV Power Expo 2019.
How PV is changing the world of energy
The annual expansion of photovoltaics throughout the world surpassed the 100 GW mark last year. The multi-terawatt market is looming on the horizon and PV is becoming a “game changer” in the global energy system in five specific areas, according to a consortium of research institutes.
