RES Australia has reached financial close on the 68MW Emerald Solar Park in Queensland, Australia, with the company adding that construction of the PV plant will commence immediately.
TransCanada Corporation has entered into an agreement to sell its PV portfolio of eight facilities in Ontario with a total generation capacity of 76MW to Axium Infinity Solar — a subsidiary of Axium Infrastructure Canada II Limited Partnership — for $540 million.
Tata Power Delhi Distribution Limited (Tata Power-DDL) and German government-owned entity GIZ have signed a memorandum of understanding (MoU) to work jointly on promoting rooftop solar, energy storage systems, EVs and smart grid initiatives.
Singapore-based energy and water company Sembcorp Industries will develop two grid-connected rooftop solar projects with a combined capacity of 4.1MW at airframe maintenance firm ST Aerospace’s facilities in Changi and Seletar, Singapore.
Saudi Arabia has announced a US$500 billion investment for an industrial and business zone spanning 26,000 square km (10,230 square miles) over three countries, to be fully powered by solar energy and wind power.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported a record conversion efficiency for a P-type monocrystalline PERC (Passivated Emitter Rear Cell) solar cell of 22.78% and verified by the Chinese Academy of Science Testing Laboratory.
Remedies that drive up the cost of deploying solar power in the US would jeopardise the ability of Puerto Rico to rebuild its power infrastructure, Senator-at-large Eduardo Bhatia has warned.
International solar PV systems integrator Phoenix Solar has lowered its full-year revenue guidance a second time but added a profit warning as delays in project approvals increase due to the US ITC ‘Section 201’ trade case creating market uncertainty.
US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
Private equity fund SoftBank Vision Fund has officially signed a memorandum of understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
