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Sunnova prepares for its first securitization

The $255 million offering makes Sunnova the latest distributed solar provider to offer securities backed by residential solar assets.

Sumitomo installs 125 kW redox flow battery in Taiwan

The Japanese electrical equipment supplier provided the battery to Taiwan Power Research Institute, which will pair the system with variable renewables such as solar in a pilot project.

Anesco completes 130 MW of UK projects ahead of ROC deadline

The British developer has completed PV projects totaling 130 MW in the UK. All the plants were connected in time for the 31 March 1.2 ROC deadline.

Iberdrola begins work on 100 MW solar park in Mexico

The Spanish developer said the project will be completed in 2018, and will sell power to private customers on the wholesale market.

Fortum switches on 70 MW PV plant in India

The Finnish power utility has completed its third large-scale PV plant in India. The 70 MW Bhadla solar park is located in the state of Rajasthan.

Tata Solar plans 100 MW PV project in Vietnam

The Indian solar company is planning to deploy 100 MW of PV capacity in Vietnam’s southern region of Binh Phuoc.

Leading analyst forecasts point to global solar growth in 2017

Figures published today by both IHS Markit and GTM research forecast annual growth in the global solar market in 2017, albeit at a slower rate than was seen in 2016. The analysts predict continued demand from the four largest markets, particularly China and India, as the key drivers behind this growth.

ANU develops 26% efficient cell using perovskites

Researchers at the Australian National University (ANU) have achieved 26.4% efficiency using a stacked configuration of silicon and perovskite solar cells. The perovskite cell is semi-transparent and, according to ANU, could bring down the cost of generating solar power.

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WEG to build two PV plants totaling 62 MW in eastern Brazil

The Brazilian engineering company will act as EPC contractor for the construction of two solar parks in the state of Paraiba. The two projects were selected in the country’s first two solar auctions.

Enel plans to start solar cell production, announces developments for 34 MW in Zambia and 238 MW in Mexico

The Italian utility is laying the foundations for solar cell production at its PV panel manufacturing facility. The final goal of the project is 1 GW commercial cell production. Meanwhile, Enel Green Power has secured the PPA for a 34 MW PV facility in Zambia, and has broken ground on a 238 MW solar park in Mexico.

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