News

Solar projects in India with power purchase agreements signed prior to 1 August 2020 will be exempt from steeper customs duties on Chinese component imports, the country’s power minister has confirmed.

Asset management firm Capital Dynamics has purchased a 353MW portfolio of North American solar projects from independent power product Coronal Energy.

Renewable energy companies operating in Mexico are to be formally accused of fraud in the latest twist in a simmering dispute between the country’s government and solar and wind developers.

German utility E.On has partnered with engineering major thyssenkrupp to plug large-scale hydrogen electrolysis plants into Germany’s grid using a renewables-backed virtual power plant (VPP).

Module manufacturer Trina Solar has sold around 1GW of solar PV projects to a newly-launched asset management vehicle, dubbed Matrix Renewables.

Spain’s Solarpack and Italy’s Enel are amongst the winners of Solar Energy Corporation of India’s (SECI) latest utility-scale solar tender, which has tempted record-low bids from parties involved.

Japanese telecoms giant Nippon Telegraph and Telephone (NTT) is plotting a major renewables play in the country, investing up to US$1 billion a year up to 2030.

An influx of renewables in Australia is driving thermal generation off the grid faster than expected, according to analysts Fitch Solutions.

A round-up of recent developments in the US solar market, including news of Vivint Solar sealing US$300 million of tax equity commitments and Bank of America signing a solar PPA in Texas.

PV Tech continues to chart the global solar industry’s response to the COVID-19 pandemic, this edition featuring news that the pandemic is driving down PV system costs.