US: Ohio business community backs 2.2 GW of Ohio solar
Speaking the language of manufacturing, employment, and economic opportunity, five prominent corporations have backed a 2.2 gigawatt solar goal for Ohio by 2030.
BayWa r.e. opens control centre for APAC region
The new control room located in Bangkok will help the German renewable energy developer to keep tabs on its growing APAC portfolio.
Nearly 8 GW of Indian solar projects receive 6 month extension – MNRE
To ensure their continued viability, nearly 8 GW of solar PV projects have been granted an extension by the Ministry of New and renewable Energy (MNRE).
Australia’s new Energy Minister takes aim at gentailers, networks, renewables
Australia’s new federal Energy Minister has revealed his thinking, although few details, as to the measures the government will take in pursuit of its new “laser like”, focus on electricity price reduction. While denying that he is a climate sceptic, emissions reduction clearly has no place in the proposed policy measures.
Silfab unveils US manufacturing site with $40 million investment in Itek Energy
Canada-based Silfab Solar has invested US$40 million in U.S. solar PV module manufacturer, Itek Energy, LLC’s Bellingham, Washington production facility.
Lion Point Capital offers $250m to support Canadian Solar’s go-private bid
Shares of Canadian Solar soared earlier this week after U.S. investment firm Lion Point Capital revealed that it had initiated discussions with a number of undisclosed third parties about the possibility of funding the privatization of the solar PV module supplier.
Africa: UK announces £56 million for battery storage, support for solar
The U.K. Government says it will make £56 million available for battery storage technologies in South Africa. Nigeria also saw the next phase of the U.K.-Nigeria Climate Finance Accelerator unveiled; while the continent as a whole, is set to benefit from further partnerships and investment in both solar and climate change.
California energy storage subsidy extension passes Assembly
A U.S. bill to extend the SGIP program through 2026 and add nearly 3 GW of behind-the-meter energy storage has passed the California Assembly. It will now go to the Senate to be reconciled before going to Governor Jerry Brown.
Solar industry rejects UK government plan to end FIT, export tariff schemes
In consultations in late July this year, the U.K. Government proposed ending both the feed-in tariff (FIT) and export tariff schemes. The policy changes would end financial compensation for prosumers feeding electricity into the grid. In a letter, the industry, including major utilities like Eon and Ovo Energy, voiced their clear rejection of the plan.
India: Historic low tariff for 35 MW rooftop solar tender
The recent 35.29 MW rooftop solar tender, floated by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) hit a historic low tariff of Rs. 1.58 (US$0.022) per unit. Overall, it attracted 31 bidders, and was oversubscribed by 630%.
