BREAKING: Brookfield to take over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
Welink and CTIEC bag EPC contract to build 220 MW PV plant in Portugal
Work on this huge solar project without subsidies is expected to begin in the first quarter of this year.
U.S. energy storage MWhs double in 2016
A rush of projects to make up for grid resources lost with the Aliso Canyon gas leak boosted energy storage deployments to a record level in Q4.
Indian electricity commission cuts price of Renewable Energy Certificates
The Central Electricity Regulatory Commission has proposed to lower the price of solar Renewable Energy Certificates in wake of plunging PV costs.
Five takeaways from PV Expo Tokyo 2017
PV Expo Tokyo, the leading solar power show for the world’s third-largest PV market, concluded last week after three full-on days. pv magazine reports on five key takeaways from this year’s show.
Colombia issues legislation for self-consumption
The Colombian government has published the decree that regulates the installation of renewable energy and solar power systems for self-consumption. The new regulation, which applies to systems up to 100 kW, simplifies the procedures for grid-connection and sale of excess power.
Norwegian solar market sees the light with 366% growth in 2016
Around 11 MW of new PV capacity was installed last year in Norway. The volume of new installations grew by 366% compared to 2015. This growth was mainly driven by the country’s regulation for self-consumption and the green certificate scheme.
UK installs over 1.94 GW of PV in 2016
The UK installed almost 2 GW of new PV installations in 2016, according to provisional BEIS statistics. The country’s cumulative capacity now surpasses 11.49 GW. The largest increase in capacity during the year was registered in March 2016, before the Renewable Obligation scheme for projects smaller than 5 MWp was closed, with a one-year grace period for some projects.
Foresight Solar Fund looks to raise more than GBP 50 million in new investments
The UK based investment group has announced its intention to raise further investments worth more than GBP 50 million (US$ 61.2 million), with the aim of acquiring up to 250 MW of solar power plants in the UK, as well as expanding into South Africa.
SolarWorld Americas appreciates Trump’s tough trade talk
The panel manufacturer, which operates a production facility in Oregon hopes the president’s call for strict enforcement of U.S. trade laws will give it, as well as other domestic panel companies, a better chance against Chinese competition.
