India tendered 1.7 GW of solar in December, finds Mercom Capital
Data from the analysts reveals that a total of 1,776 MW of new solar capacity was tendered in the final month of 2016, with the Solar Energy Corporation of India responsible for more than 1 GW.
Mexico targets addition of 5.4 GW of PV in next 3 years
PV capacity in the country could be increased 20-fold from the 270 MW currently installed by the end of 2019.
Off Grid Electric secures $7.5 million in debt financing
The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.
Spain to host a renewable energy auction of up to 3 GW in Q1 2017
The winning projects must be operational by 31 December 2019.
MIT report questions value of distributed solar
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
UK ran on 40% renewables on Christmas Day, data shows
Greenest Christmas ever for the UK as data from power group Drax shows that the nation sourced 40% of its electricity from renewables sources on December 25.
Scatec sells off its last U.S. solar plant
The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.
ACC, SUMEC to build 100 MW of rooftop solar in China
The two China-based companies have signed a cooperation agreement to bring 100 MW of solar to rooftops across the Chinese mainland.
BREAKING: SEIA expected to name Abigail Hopper as new CEO
The reported choice to lead SEIA served as the head of the Maryland Energy Association and was an energy advisor to Maryland Gov. Martin O’Malley, during whose administration Maryland developed a progressive solar policy.
Danish solar auction delivers European low cost of US 1.81 cents/kWh
Danish renewable energy developer Pure & Better Energy awarded 20 MW of solar PV capacity in latest cross-border auction for cost of DKK 12.89/MWh.
