Emerging market investor Sun Group has entered a joint venture partnership with Japanese financial services group Orix, to develop commercial and industrial (C&I) solar projects in India.
St. Louis, Missouri-based global energy provider Esco has acquired the renewable energy arm of NRG Systems, located in Vermont, under undisclosed terms.
New Jersey’s Nautilus Solar and California-based Kilroy Realty have partnered to build a portfolio of commercial solar projects amounting to 5.2MW across nine of Kilroy’s offices between Southern and Northern California.
India solar prices have continued their downward spiral, this time with record low bids of INR2.62/kWh (US$~0.04) from Phelan Energy Group and Avaada Power in the state of Rajasthan.
Company executives from NextEra Energy Resources and Entergy Arkansas gathered with local leaders Tuesday morning to break ground on Arkansas’ largest universal solar energy project — the 81MW Stuttgart Solar Energy Center.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.