Australia’s federal government plans a third AU$1 billion reallocation of money from the Clean Energy Finance Corporation (CEFC), prompting a backlash from solar campaigners.
Power firm CLP India, a subsidiary of CLP Holdings, and renewables firm Suzlon Group have entered into a joint venture over a 100MW solar project at Veltoor in the Indian state of Telangana.
Chinese solar firm Canadian Solar and OEM giant Flextronics are working together on an US$80 million module manufacturing facility in Sao Paulo, according to the Brazilian Solar PV Association, Absolar.
Wind power developers in India have been facing delayed payments from distribution companies of up to eight months at a time in various states, but solar developers have experienced only negligible delays in a couple of states, according to industry analysts.
Renewables firm Juwi Australia and KPS, a subsidiary of Pacific Energy, are partnering on hybrid systems using solar, battery energy storage and diesel or gas generation for remote mines in Australia.
Brazilian public bank Banco do Nordeste (Northeast Bank) has created a credit line to allow companies to install solar Pv and other renewable sources of energy in the mini (75kW-5MW) and micro-generation (>100KW) segment.
Pakistan’s National Electric Power Regulatory Authority (NEPRA) has published proposed revisions to its feed-in tariffs (FiTs) for solar energy projects of between 1-100MW capacity.
Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
