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As mining companies become more aware of the rapidly falling costs of renewables, wind and solar are set become a growing trend in powering mining operations worldwide over the coming years, shows a new report from Fitch Solutions. On the back of carbon pricing schemes, countries and companies operating in the Americas are best positioned to lead the way in the adoption of renewables in mining.

Chinese industrial group, Roshow Technology has revealed plans to purchase a 92.3% stake in Shunyu Jieneng Keji, a PV project developer, in an asset restructuring deal valued at CNY 1.5 billion ($218.4 million).

After plenty of deliberations from the jury of independent PV industry experts assembled by pv magazine, we are pleased to announce the top innovations selected in the Array Changing Technologies 2018.

Hyderabad-based renewable energy major, Greenko Group has abandoned plans to buy AT Capital-backed Orange Renewable.

Although initially expected to deliver around 650 MW, Victoria’s first renewable energy auction has smashed the goal, delivering 928 MW of renewable capacity. Six projects will be developed in total, three wind and three solar, under the state’s renewable energy target. In a separate announcement, the Andrews government promised to provide half price solar batteries for 10,000 Victorian households, if re-elected.

Overall, the Turkish renewable energy company secured funds in the amount of €102 million, a sum that will be invested in wind and solar projects with a combined capacity of 327 MW. The lender was the European Bank for Reconstruction and Development (EBRD).

The Egyptian Electricity Transmission Company (EETC) has informed all participants of a tender for the deployment of 600 MW of PV capacity in the West of Nile Area that it won’t accept bids exceeding US$0.025/kWh. In its tender for the 200 MW Kom Ombo solar project, the lowest bid, submitted by Saudi energy company ACWA, was $0.02752.

From cheer to gloom, the Indian solar industry has had mixed reactions to the Supreme Court’s interim order lifting the stay on the imposition of a 25% safeguard duty on imported solar cells and modules.

Japanese electronics giant, Sony has become the latest major organization to commit to a 100% renewable energy target for all of its operations. The company has joined the RE100, a global NGO initiative promoting renewable energy, and plans to reach its target by 2040.

Solar DAO, a digital, autonomous, closed-end, utility-scale PV project investment fund, has announced its partnership with Powerchain, decentralized platform for energy storage, which allows prosumers to buy, store and sell energy.