The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
Rooftop solar specialist Asia Clean Capital (ACC) has signed a power supply agreement with steel and iron industry firm Wisco Jiangbei Group for a 14MW solar rooftop plant in China.
Independent PV developer 8minutenergy Renewables and D.E. Shaw Renewable Investments announced Monday that the 155MW Springbok 2 Solar Farm in Kern County, California, has been commissioned.
Innova Capital Partners and Fondo de Capital Privado de Emprendimiento e Innovación SP (FCP) have announced a concurrent investment into ERCO Energía SAS (ERCO), an engineering, procurement, and construction (EPC) company specialised in PV projects in Colombia.
China has released its latest five-year plan for the solar industry with a focus on tackling curtailment, improving project quality and further reducing its feed-in tariff.
The board of the Green Climate Fund (GCF) has approved a loan of US$130 million for projects awarded in Argentina’s RenovAr renewable energy programme.
‘Silicon Module Super League’ (SMSL) member Trina Solar has set a new world record of 22.61% efficiency for a p-type mono-crystalline cell, with Passivated Emitter and Rear Cell (PERC) technology at its State Key Laboratory of PV Science and Technology of China.
Norwegian solar developer Scatec solar has secured investment for its 100MW Nova Scotia solar PV plant in Dutse, in the Northern Nigerian state of Jigawa.
Tariffs for utility-scale solar power in India are expected to go below the four rupee (US$0.059) mark next year, which would be a “radical moment” for India’s entire power sector, according to consultancy firm Bridge to India.