Solar had the largest share in the final procurement round, with PV developers securing 382 of the 390 assigned feed-in tariff (FIT) contracts. Around 35% of the offered contracts are projects in indigenous communities.
In what comes as the company’s first turnkey solar contract, GE Power Conversion is expected to build a 50 MW PV plant in Egypt.
The Government of Colombia has dedicated COP 200 billion ($69 million) to renewable projects, as part of the country’s sustainable development objectives. The projects funded will supply up to 60,000 Colombian’s with electricity, according to the Ministry of Mines and Energy.
Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.
A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh.
In an announcement at ClimateWeek NYC, the Green Bank Network said that it had closed transactions that are expected to mobilize more than $29 billion in public and private capital for clean energy projects around the globe.
A 20 MW solar project featuring heterojunction modules is the first one of its kind in Russia. Hevel announces further expansion of its HJT module production to 220 MW.
Yingli Green Energy Holding Company, one of the world’s leading solar panel manufacturer, has announced its financial results for Q2 of 2017, which ended June 30, 2017.
Secretary of the Ministry for New and Renewable Energy Anand Kumar believes the country can confound doubts about its bold solar ambitions and smash its 175 GW of renewables by 2022 target.
Coated on both sides with an elastomer that ensures stretchability and stability in water, the new textile-compatible photovoltaics are able to maintain high efficiency of 7.9%.
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