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Powerchina plans to invest in solar in Brazilian state of Mato Grosso

The Chinese energy infrastructure developer, which is already building a transmission line in the north of the state, has planned to build several large-scale solar facilities across the region, the first of which is expected to require an investment of over US$300 million.

Energy storage investment fund to float on London Stock Exchange

Private equity firm, Gore Street Capital is planning an IPO for an investment fund focused entirely on utility-scale energy storage projects, to be listed on the London Stock Exchange. The fund already owns three storage projects in the U.K., and is seeking to raise GBP 100 million in initial investment.

JA Solar step closer to privatization

Shareholders have agreed to the proposed merger of JA Solar Holdings Co., Ltd with JASO Holdings and its wholly owned units, JASO Parent and JASO Acquisition, thus taking the manufacturer one step closer to privatization.

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Risen Energy to invest $1.58 billion to expand Chinese production facilities

Risen Energy has revealed it has committed to investing CNY 10 billion (US$1.58 billion) in the expansion of its solar PV cell and module production operations in China since December.

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Roundup from the International Solar Alliance Summit 2018

The ISA founding ceremony, held on Sunday March 11 in New Delhi, India, was a highlight in the 2018 solar calendar. French President, Emmanuel Macron announced €700 million in support through loans and donations by 2022, while several other financial deals and MoUs were also signed. Indian Prime Minister, Narendra Modi further outlined 10 action points to help the spread of solar energy.

US: New York awards 647 MW of solar in 22 projects

With another 734 MW of wind and 3 MW of hydro, the results of the latest New York State Energy Research and Development Authority (NYSERDA) solicitation has been described as the largest state-level award of clean energy to date.

Eon plans to take majority share in Innogy

Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.

Jordan unveils who will participate in 300 MW solar, wind auction

Jordan’s Energy Minister says 45 companies have been selected as finalists to bid for the upcoming 300 MW solar and wind auction. Technical and financial details are to be submitted by the end of March.

Interview: GCL-Si CEO Eric Luo talks tech innovation

Eric Luo, the recently appointed CEO at GCL-Si, met with pv magazine at the recent PV Expo in Japan to discuss the company’s Japanese and global marketing strategies, technological innovation and China’s position in the PV market in 2018.

Australia: Global oil and gas companies step into large-scale solar – SERA

Oil and gas giants Total and BP are entering the Australian large-scale solar segment. Rystad SERA made the observation in its latest report.

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