Renewable energy development company SunEdison has signed off on a 20-year power purchase agreement with the Rialto Unified School District in California for 8.4MW of solar energy.
India’s Ministry of New and Renewable Energy (MNRE) has invited expressions of interest (EOI) for energy storage demonstration projects to integrate renewables, recognising that the technology “has the potential to become highly attractive for both grid-connected and off-grid renewable energy applications”.
Indian private sector bank Yes Bank has raised INR3.19 billion (US$49.4 million) from the issue of Green Infrastructure Bonds to International Finance Corporation (IFC) Washington to fund renewable energy projects including solar and wind power.
After a slow start to its year of recovery and return to profitability, international PV integrator Phoenix Solar reported second quarter revenue 300% above the prior-year period, driven by its EPC business in the booming US market.
Solar panel developer and manufacturer SunPower plans to spend around US$1.5 billion on 1GW of solar projects in Chile over five years, the company has confirmed.
London-based asset management group Foresight Solar Fund has said the UK “remains an attractive market” despite recent policy changes and confirmed it will pursue a 300MW pipeline in the second half of this year.
Enphase Energy (Enphase) CEO Paul Nahi said the company has enjoyed “strong demand” for its solar energy systems in the US, Australia and Europe, resulting in record shipments of 195MW for the second quarter of this year.