The International Finance Corporation, a member of the World Bank Group, announced Wednesday that it will provide a financial package of US$55 million to build Mozambique’s first utility-scale PV project.
Residential solar provider Vivint Solar announced Thursday that it plans to re-enter the Nevada solar sector, with the company offering its residential PV systems to residents within the state.
India’s first grid-scale solar-plus-storage tender has been held up by the extreme drop in the country’s solar PV prices this year, according to Rahul Walawalkar, executive director of the Indian Energy Storage Alliance.
Following on from the successful year for solar that was 2016, the US market added 2,044MW of new capacity in Q1 2017 alone. As installations grow, prices continue to fall to new lows and utility-scale system prices dropped below US$1/Watt for the first time according to GTM Research.
Breaking up Eskom’s monopoly in South Africa’s power market is not the answer to signing the outstanding PPAs under the country’s renewable energy procurement programme, a representative from the Department of Energy (DOE) has said.
SunEQ signs PPA for 5MW Namibia project, India's Pune Metro plans 17MW solar, Adani Green Energy no longer Adani subsidiary, Cuba to get 4.4MW PV project
Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.
India’s Cabinet Committee on Economic Affairs has approved the IPO of the Indian Renewable Energy Development Agency (IREDA) aiming to help fund more renewable energy projects.
Spain’s National Commission for Markets and Competition (CNMC) announced this week that it has officially approved PV company juwi to develop a 450MW PV project within the country.
