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Mobisol attracts fresh investment

Investec Asset Management has acquired a significant stake in the German off-grid solar company, while existing shareholder DEG has increased its stake, as the off-grid market in Africa continues to show impressive growth figures.

Over 1 GW of solar proposals put forth in India to power irrigation

Five Indian states put forth the proposals for solar projects to replace 1,067 MW of energy from conventional power sources, which are used to power irrigation projects.

UK solar developer given green light for 140 MW plant in Australia

Permission has been granted to Eco Energy World’s Australia unit to develop the utility-scale PV plant in Queensland, Australia, with the company now planning to develop an ambitious 1 GW of solar PV in the country in the next two years.

ABB to build hybrid-solar microgrid for Red Cross in Africa

The Swiss technology company will incorporate solar PV and diesel into a single microgrid for the International Committee of the Red Cross in Nairobi, Kenya, to supply the hub with reliable power for the first time, while also announcing the completion of its share buyback program.

Inconsistent tax policy for commercial solar owners in the UK

The U.K.’s Valuation Office Agency (VOA) released its draft business tax rates for businesses that own solar arrays, dropping tax rates for ‘mainly exports,’ but spiking tax for self-consumers, in another unexpected attack on the solar industry within the country.

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Google solar project wins UN climate solutions award

Project Sunroof, an initiative led by Google, has been announced as one of 13 winners of the United Nations ‘Momentum for Change’ climate change award, by enabling tens of millions of Americans to evaluate the solar potential of their home with just the click of a button, showing them both monetary savings and environmental impact.

Some of lowest ever prices for rooftop solar entered in India bid

Prices went as low as Rs.3 (USD 0.0448) per kWh from bidders in the 500 MW solar rooftop auction in India, according to a list of the lowest prices in the auction released by the Solar Energy Corporation of India (SECI).

Huawei expands operations in Europe

Heavyweight Chinese inverter manufacturer Huawei Solar announced an expansion of its European Supply Center, with a new inverter production facility in Eindhoven, Netherlands, which the company hopes will help it service its European customers with better efficiency and flexibility.

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Off-grid solar going from strength to strength in eastern Africa

A new report by the Renewable Energy Policy Network for the 21st Century (REN21) found that approximately 50% of global investment made in off-grid solar in 2015 was in the eastern African region, as falling PV prices and favorable policies stimulate growth in the regional off-grid solar market.

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New RPO target of 25.25% proposed in Andhra Pradesh

A new “aggressive” renewable purchase obligation (RPO) for the next five years has been proposed in India’s southeastern state of Andhra Pradesh, which would rise to 25.25% by 2021-22, of which over half would be reserved for solar PV.

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