Dominion Virginia Power is set to add some major assets to its PV pipeline, as the company is currently constructing three large-scale solar projects in the Virginia counties of Isle of Wight, Louisa and Powhatan.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
Specialist PV manufacturing equipment supplier RENA Technologies has secured a significant tool order from China-based LERRI Solar said to be in the double-digit million euro range to meet more than 2GW of monocrystalline PERC solar cell production.
Renewables surpassed coal and became the largest source of global power capacity in 2015, along with the addition of 49GW of solar PV, according to the International Energy Agency’s ‘Renewable Energy Medium Term Market Report 2016’.
Independent renewable energy project developer Invenergy has announced Long Island’s largest renewable energy project to date. The Clean Energy Link, as it is known, is comprised of four wind and two solar farms with a combined capacity exceeding 700MW.