Chile's cumulative installed PV capacity reached 1,056MW at the end of February this year, up 43MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).
Devona Power Systems, a subsidiary of Indian conglomerate RattanIndia Power, has been awarded a 50MW PV project in Allahabad in the Indian state of Uttar Pradesh by the Solar Energy Corporation of India (SECI).
Employment in Australia’s renewable energy industry fell 27% from its peak of 19,210 in 2011/12, to a total of 14,020 in 2014/15, according to figures from the Australian Bureau of Statistics (ABS).
This year looks likely to set a record for distributed solar securitisation deals as a growing number of developers look to tap the asset-backed securities market.
Solar developer and private asset manager Capital Dynamics has selected module manufacturer ET Solar to provide modules for 14 solar projects in North Carolina in the US with a combined capacity of 84.4MW.
Chile’s Environmental Evaluation Service (SEA) has given environmental approval to a 600MW solar PV project named Cielos de Tarapacá, which requires US$1 billion in investment, project Valhalla has confirmed.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
A report from Australia’s Energy Networks Association (ENA) suggests that removing the Renewable Energy Target (RET) and replacing it with "technology neutral" alternatives would be a more economical approach to reaching emissions reductions targets.
