The renewables subsidiary of India’s Tata Power will acquire Welspun Energy PTA Ltd, the clean energy arm of another major Indian company, Welspun Energy, valuing its target at 92.49 billion rupees (US$1.37 billion).
Apple plans to sell excess electricity generated by solar panels on the roof of its new Cupertino, California HQ in efforts to trade on the energy market.
The largest residential solar PV installer in the US SolarCity has attracted back it former head of sales and marketing, Toby Corey to become president of global sales and customer experience.
China-based integrated PV manufacturer Hareon Solar has recently signed an MOU with partners to build and operate a 160MW cell and module plant in Morocco with a total investment of around US$114 million.
A 333MW PV plant is apparently set to be constructed by local PV company Andaltia in Lorca, Spain, requiring an investment of €400 million (US$454 million), according to the town's official website and local news outlets.
The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
Developers of commercial solar PV in Britain, hoping to add batteries to their offerings could find the expertise required a significant barrier to entry, the head of a solar installation and power engineering company has said.
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.
Photovoltaik-Institut Berlin (PI Berlin) now has the capability to troubleshoot faults in PV power plants using a precision LED solar simulator. This device is the first of its kind to allow laboratory standard solar module power measurements to be taken in the field without the need to dismantle modules.
Monocrystalline wafer producer Comtec Solar Systems Group said it was preparing to acquire an unidentified PV power plant project company to enter the downstream business.
