SunPower to build 100 MW Nevada solar plant for NV Energy
U.S. solar firm signs 20-year power purchase agreement with Nevada utility NV Energy for a 100 MW solar PV plant planned for the state’s Eldorado Valley in Boulder City.
Huawei, Panasonic subsidiary cooperate in Southeast Asia
Fast growing inverter manufacturer Huawei Technology has signed a two-year agreement with Malaysia’s Panasonic Eco Solutions (PESMY) this week. The deal will see the two companies team up to roll out ‘smart PV’ solutions in the Southeast Asian region.
More mergers and acquisitions to come
A new report from Navigant Research sees increasing market competition fueling vertical integration as well as mergers and acquisition. The annual revenue from global PV installations is forecast to surpass $151 billion in 2024.
UK to scrap subsidies for small-scale solar, announces changes to FIT
The Department for Energy and Climate Change confirms Renewable Obligation scheme for sub-5 MW solar farms to be scrapped from April 1, 2016. Pre-accreditation from FIT to be removed for installations larger than 50 kW.
India solar capacity forecast for 2020 raised by 240%
A newly released Deutsche Bank markets research report has adjusted its solar power forecast prognosis for India to 34 GW by 2020, an increase of about 240% from its previous estimation of 14 GW. India has a pivotal part to play with its 2020 commitment to solar energy increasing five-folds to 100 GW.
Australia: Labor picks a winner with 50% renewable energy target
It seems that the Labor Party has finally had enough of joining with the Coalition in the policies of the lowest common denominator, at least in respect to renewable energy. Labor leader Bill Shorten has finally found a major issue to make a point of difference with Tony Abbott.
Solar industry berates UK government's subsidy withdrawal
U.K.’s leading solar voices say decision to scrap subsidies for small-scale solar is a blow to investor confidence, STA calls for bridging strategy to help solar reach grid parity.
Renewables accounted for 70% of new US generating capacity in H1, says FERC
Data from Federal Energy Regulatory Commission shows new renewable capacity added so far this year is 900 times that of coal, figures do not account for distributed solar PV.
IFC partners on two 50 MW solar projects in Zambia
The member of the World Bank Group has signed an MoU with Industrial Development Corporation Zambia to develop the country’s first utility-scale solar PV projects.
Hanwha Q Cells, ReNew Power enter JV for 148.1 MW India solar project
Development planned for Telangana region and marks Hanwha Q Cells’ first investment in large-scale solar projects in India’s growing market.
