Goldman Sachs-backed rooftop solar specialist Asian Clean Capital (ACC) and SUMEC New Energy & Development are to develop a 100MW solar pipeline in China.
Even though monkeys were allegedly wreaking havoc on India’s solar rooftop systems last year, 2016 was remarkable for the Indian PV sector. With solar taking 1% the nation’s electricity share and India set to become the world’s third largest market in 2017 , Bloomberg New Energy Finance has proclaimed that ‘solar is king of Indian renewables’. Add the completion of the world’s largest solar plant to these accolades and you have a good indicator of the South Asian giant’s ambitions. Even India’s biggest oil, steel and mining companies are getting on board the solar rush.
Brazil’s solar industry will still see strong growth despite the cancellation of Brazil’s only solar and wind auction this year, representatives of ‘Silicon Module Super League’ (SMSL) member Canadian Solar have told PV Tech.
UPDATED: The minimum import price (MIP) for solar products being sold into the EU will drop significantly in 2017, according to official correspondence seen by PV Tech.
Indian minister for energy and mines Piyush Goyal has said that the whole world laughed at India when it announced its plans to reach 100GW of solar power by 2022. Azure Power progresses on 14MW rooftop for Delhi Metro. Fonroche divests from India to focus on Latin America.
Norwegian solar developer Scatec solar has secured investment for its 100MW Nova Scotia solar PV plant in Dutse, in the Northern Nigerian state of Jigawa.
Renewable energy company Welink has announced a joint venture with Your Housing Group – claimed to be valued at £2.5 billion – which could see the development of 25,000 solar-powered homes using BIPV in the UK each year by 2022.
Beleaguered Spanish renewables firm Abengoa has received US court approval to exit its Chapter 11 bankruptcy, according to court records filed on Wednesday.
Trina Solar’s shareholders have voted by a huge majority to back the company’s plan to pursue privatisation and de-listing from the New York Stock Exchange.
The levelised cost of rooftop and large-scale solar PV continued to rapidly decline in 2016, financial advisory and asset management firm Lazard has said.
