The first auction for capacity at the Raghanesda Solar Park in the Indian state of Gujarat was scrapped due to high tariffs, but a second attempt has drawn far lower tariffs.
Major PV inverter manufacturer SMA Solar Technology reported its lowest quarterly revenue and a meagre EBITDA of €0.6 million as its main inverter business units made losses in the first quarter of 2019.
Panasonic is transferring a 90% stake in its heterojunction (HIT) solar cell and module assembly plant in Malaysia to China-based PV manufacturer, GS-Solar as part of wider collaboration on HIT production expansion and R&D.
Conglomerate forced to take tax benefit hit after investing in bankrupt Californian solar firm, raided by the FBI in December over Ponzi-style fraud allegations.
Piramal Enterprises Limited (PEL) has signed a Memorandum of Understanding (MoU) with the Canada Pension Plan Investment Board (CPPIB), a Canadian pension fund, to co-sponsor a renewable energy centred Infrastructure Investment Trust (“InvIT”).
C2 Energy Capital has signed off on 46 Power Purchase Agreements (PPAs) and leases with Walmart that will see the company provide renewable energy to the retailer in five US states.
Leading US residential PV installer, Sunrun reported deployments of 86MW in the first quarter of 2019, a 27% year-over-year increase that was in stark contrast with former leading installer, Tesla that recently reported deployments of 47MW for the same quarter.
Japanese conglomerate invests in GridMarket, a company focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
