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Markets & Policy

Brazil: 20.6 GW of solar bidders for auction

National renewables auction hugely oversubscribed. PV project bids outpace 18 GW of wind schemes.

Foresight Solar Fund acquires 34 MW of UK PV assets

The Jersey-registered investment company has purchased three large-scale solar farms in the U.K. via a joint venture with Big60Million Limited, a community solar group backed by Belectric.

LG Chem steals a march on Tesla

New 6.4 kWh storage system approaches $1,000/kWh price point. And the RESU is available within weeks, unlike the sold-out Powerwall.

SkyPower to develop 1 GW of projects in Kenya

Canadian developer will sign deal at trade summit in Nairobi on Sunday. The pipeline will cover the next five years and follows recent 6 GW commitments in Egypt and Nigeria.

Chinese players continue rearguard action

United PV strengthens fundraising powers of its board and GCL Poly rolls over convertible shares. Actions to shore up solar stocks continue.

NY to spend $13 million on affordable solar initiatives

New York State Energy Research and Development Authority (NYSERDA) to spend $13 million on improve access to solar power for low- and moderate-income communities.

The pv magazine weekly news digest

The UK government kills solar, Hanergy falls out with itself and Yingli attracts a somewhat egregious class action lawsuit, but at least there was some good news out of India.

UK should taper off subsidies over five years

KPMG report says cutting incentives immediately, as DECC proposes, will harm the industry. The UK energy market is geared towards fossil fuels.

SunEdison signs 180 MW solar PPA with India's largest utility

Power purchase agreement with Tata Power Delhi Distribution Limitied will provide 180 MW of large-scale solar PV power for the city of New Delhi.

800 MW of solar licenses in Thailand for 2016

Thailand has announced that applications for solar farm licenses will be open to the public sector early 2016. A FIT of $0.16/kWh has been slated for 25 years.

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