News in Brief: The governments of India and Portugal sign an MoU on renewable energy development, solar arrays are installed at MSU and State College, PA, African gold mine IAMGOLD corp signs a PPA for a new solar facility, and a Hawaiian food bank is making big savings with its new solar system.
Europe added 6.7GW of solar last year with demand decreasing by more than 21% from the prior year, according to the latest data from SolarPower Europe.
Big energy utilities such as Eon and innogy are “changing the appearance” of the European solar market as they wade into the sector, a panel of industry leaders has concluded.
Global alternative asset manager Brookfield announced Tuesday that it has entered into a definitive agreement with SunEdison yieldco TerraForm Power, under which Brookfield will assume the role of TerraForm Power’s sponsor and also become the controlling shareholder.
Off-grid solar company Azuri Technologies announced Tuesday that it has reached the mark of 100,000 sales of its PayGo solar home systems in sub-saharan Africa.
Commercial solar electric system developer Standard Solar announced Tuesday that it has been acquired by Gaz Métro, a leading energy provider with over US$5.8 billion in assets and a key player in the development of energy infrastructures and renewable-energy projects.
Last week the EU’s Africa Renewable Energy Initiative announced 14 new renewable energy projects across the continent, representing 1.7GW, with a total potential investment of almost €4 billion.
Pakistan is set to adopt competitive bidding for new solar PV projects, according to an order published by the National Electric Power Regulatory Authority (NEPRA).
South Korean PV specialist DNE Solar has signed a framework agreement with German inverter manufacturer KACO New Energy for the delivery of 300MW of string inverters.
