Pension fund, The California Public Employees' Retirement System (CalPERS), has agreed to purchase a 25% stake in Desert Sunlight Investment Holdings, the owner of two major solar PV projects with a combined capacity of 550MW near Palm Springs, California.
Tokyo-based egg producer ISE Group, French energy company Total and SunPower Corporation, have started construction of a 27MW solar PV plant at Nanao, Ishikawa Prefecture, on Honshu Island in Japan.
Indian state-owned utility NTPC has issued a request for selection (RfS) for solar developers to set up a 250MW solar PV project in the Kadapa Ultra Mega Solar Park in Kadapa District of the state of Andhra Pradesh.
Australia is redirecting AU$1 billion from the Clean Energy Finance Corporation’s (CEFC) AU$10 billion (US$760 million) allocation into a new Clean Energy Innovation Fund (CEIF), Australian prime minister Malcolm Turnbull has announced.
US residential and commercial PV provider SolarCity has raised US$131 million through a new tax equity fund in order to finance residential, commercial and military solar projects.
US-based residential solar firm Sunnova Energy has secured US$300 million from private equity firm Energy Capital Partners (ECP) to continue its growth in the residential solar sector.
US-based renewables firm SunPower is partnering Toronto-based smart thermostat provider ecobee to aid consumers in New York and California in controlling their energy costs.
Yaskawa – Solectria Solar, a wholly-owned subsidiary of robot and industrial motor company Yaskawa America, is planning to install a 500MW central solar inverter manufacturing line within an existing factory in Sao Paulo, Brazil, to help support the Latin American PV market.
Germany-based renewables firm Juwi plans to construct three utility-scale solar projects with a combined capacity of 90MW in Colorado via its US-based subsidiary.
India-based renewables developer ReNew Power Ventures will receive up to US$250 million of debt financing from Overseas Private Investment Corporation (OPIC), the US government's development finance institution, to help construct 400MW of solar PV projects in India.
