The U.S. Trade and Development Agency (USTDA) is supporting a 41MW hybrid solar-wind-storage project being developed by private Indian energy firm IL&FS Energy Development Company Limited (IEDCL) in the Indian state of Andhra Pradesh by providing a grant to aid the plant’s technical design and planning.
Leading global single-axis solar tracker manufacturer NEXTracker has teamed with Turkey-based fixed mount manufacturer, Vergo Energy with an initial master supply agreement (MSA) totalling 775MW for PV power plant projects in Turkey and some of its neighbouring countries.
Independent solar power producer Sonnedix has signed off on a non-recourse debt refinancing of a portfolio of 23 PV plants in Italy with a total installed capacity of 47.3MW.
India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10% in a move which has been welcomed by the India Energy Storage Alliance (IESA).
Homeowners in Ireland can now access grants worth hundreds of euros to fund the installation of solar and energy storage systems as the government launches its first micro-generation scheme for the technology.
The Indian Finance Ministry’s order imposing a safeguard duty for two years on solar imports from developed countries as well as China and Malaysia has brought long-awaited clarity to both manufacturers and developers, but both segments of the industry have a number of fears.
Project developer ReneSola will sell a 206.8MW portfolio of Chinese distributed generation projects to the Canadian investor Brookfield Asset Management.
As part of its Renewable Energy Development Initiative (REDI), Georgia Power is now taking bids for new solar distributed generation projects through a RFP for more than 100MW of PV capacity.
Zola Energy, one of two US-headquartered providers of off-grid solar-plus-storage solutions to the African continent profiled in Energy-Storage.news’ recent Global Storage Opportunity 2018 report, has obtained US$20 million debt financing.
