First Solar signs 63 MW module supply agreement in Australia, also partners with Zorlu Holding
The Australian supply deal sees the U.S. solar company supply 63 MW of thin film modules to the Kidston Solar project, while partnership with Turkish developer Zorlu will bring exposure to 26 selected markets.
Azure Power quarterly results show 49% EBITDA increase
Indian solar developers post strong financial results for quarter ending 31st December 2016, with 49% EBITDA increase and 46% increase in revenue compared to the same period in the previous year.
Entries now open for pv magazine Technology Highlights & Award
Since 2015, our Technology Highlights feature has sought out the latest and greatest technological developments in PV. Now we’re ready to receive entries from across the industry for the 2017 feature, which will be a major highlight of our April edition, and enjoy a large media presence at the SNEC show in Shanghai.
Japanese venture snaps up 10% of ReNew Power for $200 million
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
Genex Power secures $76.8 million for 50 MW Australian mine PV
The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.
Onyx Solar begins construction on largest solar skylight installation
A new mixed-use building complex being developed by Somerset Development will feature the installation of more than 3,200 solar skylights, which will generate electricity whilst naturally illuminating the complex.
Sparx’s clean-energy investments hit $1.2 billion in Japan
Solar accounts for nearly 92% of its 307 MW renewables portfolio, with total investment reaching ¥137.3 billion ($1.2 billion) by the end of January 2017.
Lithium-ion battery storage may be banned inside Australian homes
Lithium-ion battery storage devices – including Tesla Powerwalls and other products – may be banned from being installed inside homes and garages in Australia under new guidelines being drafted by Standards Australia.
Sumitomo Corp. to develop 32.3 MW in Fukushima
The Tokyo-based group will oversee construction of the ¥13 billion ($114.3 million) project in the city of Minamisoma, on the east coast of the Japanese island of Honshu.
Analysis: India’s record-low solar tariff product of unique circumstances, says Mercom
Price of INR 3.30/kWh recorded at Rewa Solar Park auction in Madhya Pradesh among lowest in the world, and marks continuation of downward trend. Many factors played a role in bringing down the price in this particular auction, says Mercom Capital Group.
