Germany-based solar developer signs framework agreement to offload some Japanese PV assets for EUR 90 million to Spanish investment firm BRUC Capital.
Construction is due to begin on six solar PV plants in the Indian state of Telangana by Germany’s Belectric, which will provide turnkey solutions totaling 104 MW of solar power in the state.
The Chinese firm will spend GBP 30 million to acquire the solar farms, which have a combined capacity of 82.4 MW. Agreement struck to buy 40 MW Chinese plant from Shunfeng.
U.S. microinverter specialist announces restructuring and cost savings initiative that will see the firm reduce its global workforce by around 11% and cut annual operating expenses by $20 million.
International Renewable Energy Agency to outline steps that members of the Association of Southeast Asian Nations can take to hit target of 23% renewable penetration in region by 2025.
Is the new record-low price for PV reported this week in Abu Dhabi a killer-watt for solar? Prices plunge in India too, while Tesla’s acquisition of SolarCity stirs up a lawsuit or four.
Media reports suggest that Chinese solar power developers have bid as low as 0.52 yuan per kilowatt hour for solar power in a tender held in northern Inner Mongolia.
Tesla’s utility and business energy storage solution, the Powerpack, is being installed by U.K. developer Camborne Energy Storage alongside a PV plant in Somerset, making it the first large-scale Tesla storage unit to be installed in Europe.
Solar auction in the state of Maharashtra for 450 MW of capacity held under viability gap funding scheme sees British developer Lightsource among the big winners.
The SolarWorld-backed organization put out a strongly worded statement that accuses Chinese companies of “circumventing” EU anti-dumping measures with the new wave of solar module overproduction, resulting in European job losses, however, other voices in the European solar industry have been quick to respond, claiming the job losses are a result of the trade measures themselves.
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