Markets

SECI (Solar Energy Corporation of India) will be holding auctions for a total of 750 MW of solar projects in Maharasthra and Gujarat.

Tesla’s Country Director for Germany and Austria, Philipp Schröder will be making the switch back to Sonnenbatterie as Head of Operations and Marketing from October 1, 2015.

Flexible thin film solar equipment developer, Midsummer has been granted a SEK10 million (US$1.21 million) grant from Almi Företagspartner for the continued development of thin film solar cell production equipment.

Sonneninvest has managed to gather more than a million Euros via crowdfunding for solar PV plants. The company’s second crowdfunding venture has already secured more than half a million Euros.

On Sunday midday, about 80% of the electricity demand in Germany was covered by renewable sources. A lot of sun and wind made this possible.

Taiwan-based TSMC has announced it will exit the thin film industry, ceasing manufacturing activities at the end of August, due to the fact its “solar business is no longer economically sustainable.” All product warranties will be honored said the company, and all workers will receive employment offers.

SolarCity stock has seen a series of ups and downs in recent days, falling to its lowest level since October 2013 over the weekend. However, the stock showed a modest recovery following Musk’s move.

The Indonesian government has announced it will provide tax incentives to investors seeking to develop renewable energy projects in the country.

Little Buffalo, a hamlet in northern Alberta, Canada is now home to a 20.8 kW solar PV installation. The Piitapan Solar Project has risen up as a viable and clean energy alternative in a landscape filled with oil sands.

I Squared Capital will invest US$150 million in Indian solar project developer, Amplus Energy Solutions.