The 50:50 JV named ‘EverSource Capital’ will manage an initial fund named the Green Growth Equity Fund (GGEF), which has the backing of the India and UK governments.
Rick Perry, the US Secretary of Energy, announced Tuesday that the US Department of Energy (DOE)will provide US$105.5 million in funding to support efforts to innovate solar energy technology.
Global alternative asset manager Ares Management has acquired a majority ownership stake in Conti Solar, a renewable energy development, engineering, procurement, and construction company.
US-headquartered High-efficiency solar module manufacturer SunPower Corp has officially announced that it has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas. Financial details were not disclosed.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it had supplied 35,073 ‘Q.PLUS’ BFR-G4.1 multicrystalline modules to a 10MW PV power plant built by renewables firm Energiekontor in Brandenburg, Germany.
Univergy International has started a joint venture with Japanese company Europe Clean Energies Japan and the Vietnamese Thanh Nien Media Corporation, to develop a 44.4MW solar PV project in Dak Nong, Cu Jut district, Vietnam.
Australia-headquartered engineering and professional services company WorleyParsons said its first engineering, procurement and construction (EPC) contract for a battery storage project in the US shows how the energy sector is moving from “mega projects” to “portfolios of smaller projects”.
Australia-based perovskite solar cell developer GreatCell Solar, formerly Dyesol has recently secured European Union (EU) funding of €500,000 (approximately A$800K) through the Horizon 2020 project.
