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Markets & Policy

Japanese SoftBank ventures into India with $20 billion

Japanese multi-national telecommunications and internet corporation SoftBank will join forces with Bharti Enterprises and Foxconn Technology Group to invest in Indian solar with a stellar $20 billion venture.

EDF and Eren fire up 150 MW of solar in India

The utility-scale solar plants, located in the states of Rajasthan and Odisha and developed by Acme Solar, have begun supplying local grids with solar electricity.

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.

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