Study by Marathon Capital reveals more than $235 million of asset-backed deals recorded in the solar industry so far in 2016, besting last year’s levels and poised to exceed the record set in 2014.
For the first time, the Solar Energy Corp. of India will ask bidders in the forthcoming 750 MW Andhra Pradesh solar tender to include a storage component; plan is to enable easier transfer of solar power between states, but industry voices concerns over cost implications.
ET Solar continues to grow into the U.S. PV market. The company has been chosen to supply solar modules for 14 ground-mounted solar projects in North Carolina, which range in size from 2.6 MW to 7 MW.
The solar cell producer is planning to build a high-grade silicon production facility in western Thailand. However, to break into the market it may require more investment and a turnaround in polysilicon market prices.
Three projects are planned for different parts of the province of Rioja, in the northeast of Argentina.
The GCL Group plans to buy a 51% stake in Australian solar power system supplier One Stop Warehouse; company sets up $95 million fund with Bank of Suzhou Co. to invest in the solar industry.
JA Solar took advantage of the rise in the global solar market in 2015, with growth in revenue, sales and operating margin, which has encouraged the company to expand its manufacturing capacity through 2016.
Following stalled legislation, members of the Massachusetts House of Representatives are turning up the heat on leadership to pass a bill.
The project holds a PPA with the Los Angeles Department of Water and Power for electricity delivery at US$59 per megawatt-hour.
The green investor takes 50.1% of the 24 million EUR hybrid renewable energy storage project on the Portuguese island, which, once completed, will allow the island to be totally powered by renewable energy, except for prolonged periods of unfavorable weather.
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