U.S. power company NRG continues moving into solar during Q1
Despite a challenging financial environment, NRG continues its solar expansion, including an increasing presence in community solar.
Norway’s oil producer Statoil eyes first investments in solar
The Norwegian oil company confirmed it is evaluating new business opportunities within solar. The company launched a $197 million fund dedicated to renewable energies in February 2016.
India: Andhra Pradesh tenders 100 MW solar project
The Andhra Pradesh Power Generation Corporation releases tender details of $70 million solar project to be built in Talaricheruvu.
Canadian Solar secures non-recourse finance for 47 MW projects in Australia
The Chinese solar power company has managed to raise AU$ 65 million (US$50 million) for two of its projects in Australia.
First Solar reports strong Q1 results as it readies for Series 6
First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
Ellomay acquires 300 MW PV project in southern Spain
The Israeli investment firm agreed to acquire a special purpose vehicle owning a 300 MW PV project in the southern Spanish region of Extremadura.
Armenia announces tender for 55 MW solar project
The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
Report: Near-total renewable energy systems cheaper than gas in 2030 (w/ chart)
A report released last week by Climate Policy Initiative stresses flexibility and shows how energy storage and limited gas generation can support a power system dominated by renewables at a lower cost than conventional generation.
Dominion to add 990 MW of solar PV in the United States over the next five years
The U.S. utility sites the falling cost of utility-scale solar for the expanded role, and the large majority of solar plants will be located in North Carolina.
New South Wales sets higher benchmark range for FIT
The Australian state’s Independent Pricing and Regulatory Tribunal (IPART) has drafted recommendations for voluntary solar feed-in tariffs (FITs) for 2017-18. It has proposed a benchmark range of AU$0.116 to AU$0.146/kWh, from AU$0.055 to AU$0.072/kWh in the preceding 12-month period.
