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CLP India aiming to enter the solar market with purchase of Suzlon projects

Reports coming out of India suggest that wind energy giant Suzlon is negotiating a deal with CLP India to sell 100 MW of PV projects, marking CLP’s first steps in India’s growing solar market.

SolarCity secures $227 million in tax equity financing from John Hancock

SolarCity’s latest deal will finance 201 MW of residential and C&I solar in 18 states.

GE to deliver 220 MW of inverters to DEWA's Dubai solar project

The DEWA project is currently attracting bids for the world’s cheapest solar energy, and 220 MW of PV installed in the next phase will be controlled by GE’s LV5 Series central inverters.

Hanergy’s USD660 million Macrolink deal scrapped

The unusual deal, which appears to be effectively cancelled, would have seen Hanergy supply 600 MW of BIPV production equipment to Macrolink for USD660 million and an agreement that Macrolink would purchase 3.48% of the company’s share capital.

Huawei and Sunseap seeking strategic cooperation

Leading Chinese inverter manufacturer and O&M system supplier Huawei signed an agreement with Singapore’s largest clean energy provider Sunseap to embark on a strategic cooperation for the Southeast Asian market.

Work begins on a 47 MW solar project in Central Japan

This is investment firm GSSG Solar’s first utility-scale project in Japan.

United States reaches 1 million solar installations

SEIA and George Washington University report predicts that the United States will reach 2 million solar installations in 2018, and that 1 million PV systems will be installed annually starting in 2025.

Third phase of Dubai's DEWA solar project attracts record low bid of US 2.99 cents/kWh

Five bids worth a total of 800 MW of solar PV capacity have been submitted in the third phase tender for projects at the Dubai Electricity & Water Authority solar park; lowest bid of 2.99 cents per kilowatt-hour received.

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Tata to pay $1.45bn for Welspun's solar, wind portfolio – reports

India’s largest utility Tata Power is in the final stages of negotiations to purchase the entire 1.15 GW clean energy portfolio of Welspun Group, according to local media reports.

SolarWorld Q1 shipments rise 62% Y-O-Y, but profitability takes a hit

Demand from the U.S. market fuelled first quarter shipment increase to 341 MW according to preliminary financials published today; currency effects drag down profits.

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