Modular solar startup secures backing of bp ventures
Australian modular solar manufacturer 5B has secured a $13.7 million (AUD 20 million) investment from the venture capital arm of British energy giant bp, which will allow it to accelerate the development of its preassembled, relocatable modular solar technology.
AES Corporation acquires 91 MW PV project in Brazil
The group’s local unit AES Tietê, which specializes in hydropower production, has bought a project selected by the Brazilian government in the second 2015 auction. The compnany is now seeking to transfer the project from Pernambuco to São Paulo.
Siemens and AES Corporation create new energy storage company Fluence
Fluence is the name of the collaboration between the German technology firm and global power company AES Corporation. New company will roll out Advancion and Siestorage energy platforms globally.
Vietnam greenlights $3.3bn worth of solar PV projects – reports
Country’s Dak Lak province grants series of MoUs and licences for a raft of solar PV projects, including a reported 300 – 500 MW solar farm to be developed by U.S. power firm AES Corporation and a mooted 2 GW project by local firm Xuan Thien Daklak, reports Reuters.
