Neo Solar Power buys 30% stake in Phanes Group
The Taiwanese PV cell maker has expanded its downstream activities by buying a stake in Emirati/Swiss project developer Phanes Group.
The pv magazine weekly news digest
The PV heavyweights are back in the headlines this week with the news that China and the U.S. have agreed a climate deal, SolarCity has tightened its grip on residential solar, and Hanergy’s woes continue.
SolarCity to begin production of >22% efficient PV modules this month
Calling it the world’s most efficient rooftop solar panel, the company says it will produce PV modules with greater than 22% efficiency at a pilot facility.
SMA surpasses 1 GW inverter milestone in Japan
The German inverter manufacturer becomes the first non-Japanese supplier to reach this milestone. Local presence in market since 2011 has delivered constant growth drivers.
India: PM Modi calls on states for proactive solar push
Indian Prime Minister sends pro-solar tweet hours after urging the country’s state leaders to ensure solar power projects are implemented as soon as possible; foreign bidders at auction draw criticism.
Scotland looks to the sun as England, Wales turn their backs
Scottish government confirms small-scale solar farms smaller than 5 MW will continue to be eligible for the ROC; Edinburgh launches ambitious community solar scheme.
UK: Solar spending cuts amount to 98% reduction in support, STA calculates
Analysis by the Solar Trade Association finds that the U.K. government’s proposed cuts will see the rate of solar support fall from 70 million pounds a year to just two million.
Jordan receives $250 million loan from World Bank to boost renewables
The World Bank has approved a $250 million loan facility to support Jordan’s transition to renewable energy and the more efficient use of water resources. The loan is specifically expected boost residential solar PV installations for poor households.
SkyPower signs 150 MW PPA in Madhya Pradesh
Canadian solar developer enters long-term power purchase agreement with the Government of Madhya Pradesh for the development of 150 MW of solar PV.
Austin, Texas to procure up to 300 MW of solar now, another 300 MW later
Today the Austin City Council meets to consider two sets of contracts, but the decision appears to be a done deal. More than 600 MW of bids came in at under five US cents per kWh.
