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.
European Commission approves new schemes for French solar
Two new programs supporting both residential and largers scale solar will enable France to develop around 2.6 GW of new projects, pushing the country to reach its EU set target of producing 23% of its energy from renewable sources.
the pv magazine weekly digest
It’s been another typically busy week for solar in 2017. Predictions for the storage market are ballooning, while PV prices are shrinking, policy’s shifting, and ever more players are jumping into the fold.
IRENA Director: UAE’s and Saudi Arabia’s move to solar is genuine
The United Arab Emirates (UAE) and Saudi Arabia announced recently new energy strategies towards renewable energy development, prompting the renewable energy sector to question whether this shift is genuine.
SolarWorld to shut down multi production, shed 400 staff by 2019
The German-headquartered solar power company posts year-on-year revenue and shipment increases of 5% and 19%, vows to strengthen competitiveness in 2017 with focus on monocrystalline high-efficiency products. Jobs will be lost along the way, however.
Sonnedix to deploy 170 MW of solar PV in Japan
The independent power producer has signed a development partnership with GSSG Solar to build a 170 MW solar portfolio in Japan through its Japanese operator, Nippon Solar Services.
Amtech quarterly results show growth in orders and revenues
The equipment maker’s results for Q1 fiscal 2017 show a dip in revenue but growth in orders for solar equipment compared to the previous quarter.
ABB to transfer solar inverter business to new division
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
ABB to provide microgrid solution to Alaska community
The Swiss technology company will provide a microgrid combining battery and flywheel storage technologies to improve energy stability for around 300,000 people near Anchorage, Alaska.
