Definitive conditions will be announced in June and the solicitation will be held in September. The auction is intended to produce prices under US$100/MWh and investments of US$2 billion. The government is in negotiations with the World Bank for an investment guarantee.
The Tokyo-based renewable energy company currently has 190 MW of PV capacity installed, and intends to complete a series of megasolar projects in the country.
The funding will be used to support a variety of business models
First quarter financial report will be delayed as SunEdison teminates the employment of chief financial officer Brian Wuebbels. Yieldco TerraForm Global receives 90-day notice to issue its 2015 annual report.
AEG introduces Individual Module Monitoring (IMM) to the global PV market, in what it claims will re-invent how PV power plants are monitored and faulty components replaced.
The government of Jujuy Province has secured development bank financing for solar PV projects to be approved in an upcoming auction.
The German inverter supplier maintained a steady lead at the top of the global PV inverter revenue chart, but China’s Huawei and Sungrow, as well as Israeli firm SolarEdge, are closing in.
Israeli inverter and power optimizer specialist achieves $125.2 million in revenue for the fiscal third quarter, with 416 MW of inverters shipped and GAAP gross margin of 32.5%.
Emerging markets, especially in Latin America, are becoming hot beds for renewable energy investment, while European countries tumble down the league table of the Ernst & Young renewable energy country attractiveness index.
On Sunday, May 8, renewables reached a record 95 % of German electricity consumption at 11 AM.
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