UPDATED: The Indian state of Tamil Nadu’s latest 1.5GW solar auction has received the lowest bids in the state so far with Raasi Green Earth winning 100MW of capacity with a tariff of INR3.47/kWh (US$0.054).
Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.
The UK’s suite of renewables set a new generation record in the first quarter of the year, official statistics from the Department of Business, Energy and Industrial Strategy show.
GE Energy Financial Services (GE EFS), the energy investing unit of General Electric, has raised what it claims to be the largest solar energy fund in Japan to invest in Japanese solar power projects.
Single-axis solar tracker manufacturer Soltec will supply its SF Utility tracker equipment to the Floresta solar PV power plant in the state of Rio Grande do Norte, Brazil.
China-based renewable energy developer and owner Panda Green Energy Group (PGEG), formerly United Photovoltaics said it had completed and grid-connected the first panda-shaped PV power plant in Datong County, Shanxi Province, China.
US-Based wafer producer 1366 Technologies said that a small 500kW PV power plant in Hyōgo, Japan is the first commercial usage of its ‘Direct Wafer’ technology outside several test sites in the US, Germany and Japan.
Spain’s next 3GW renewable energy auction has been set for 26 July, having originally been pencilled in for 18 July, according to an announcement by energy minister Álvaro Nadal.
Brazil is primed to surpass 1GW of solar in 2017 as projects from three auctions between 2013-15 start to come online, but the industry eagerly awaits the next government 10-year electricity demand forecasts, according to the Brazilian solar association ABsolar.
