The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
Sweden announces effective abolition of its solar tax, Etrion and Hitatchi High-Technologies partner on a 13.2MW project in Japan, Wynnertech supplies 20MW of inverters to a project in Iran, and Enel North America and GE Energy enter a JV.
Boviet Solar USA, the North American arm of PV technology manufacturer Boviet Solar, announced that its solar modules have been added to the Mosaic Approved Vendor List.
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
Massachusetts has recently initiated a proposal under the Baker administration to double solar energy development in the state. In related news, NRG commissions the state's largest community solar facility.
GCL-SI, a subsidiary of GCL, is to develop a 1GW solar PV plant at the former contaminated nuclear site in Chernobyl, Ukraine. Construction is expected to start in 2017.
Adani Group, currently the largest solar developer in India, plans to start constructing two solar PV plants with 100-200MW capacities in Australia next year, according to a Bombay Stock Exchange filing.
Four European countries have signed a joint agreement to establish a roadmap for exchanging electricity from renewable sources between Morocco and Europe.
