Montreal-based fund manager Caisse de dépôt et placement du Québec (CDPQ) plans to make a US$150 million investment in renewable energy in India by targeting hydro, solar, wind and geothermal power assets.
Ontario’s Independent Electricity System Operator (IESO) has awarded seven solar energy contracts totalling nearly 140MW with a weighted average price of CAD0.1567/kWh (US$0.12).
US-based solar firm Ahana Renewables, a subsidiary of investment firm Atlantic Tele-Network (ATN), has purchased the development business of India-based PV company Armstrong Energy Global in order to develop 250-350MW of solar projects in Southern India by 2018.
Renewable energy firms SolarCity and NRG Energy plan to install rooftop solar on 184 stores and distribution centres of major grocery chain Whole Foods Market in the US.
Recent shipment guidance from two leading members of the ‘Silicon Module Super League’ (SMSL), Trina Solar and JinkoSolar highlighted that the US solar PV market in 2016 was expected to show considerable growth but raised concerns over the possibility of a module oversupply situation when compiling a list of suppliers with their own US ambitions.
PV module manufacturer SolarWorld has started producing its first bifacial Bisun modules at its US manufacturing facility in order to test their capability against standard modules using advanced p-type mono-PERC cell architecture.
The Solar Energy Corporation of India (SECI) has invited expressions of interest for what may be India’s first utility-scale energy storage project to be combined with a solar and wind hybrid project at Rangreek in the mountainous state of Himachal Pradesh.
The Indian state of Karnataka’s 1.2GW solar auction, which invited bids for capacities of up to 20MW at a time in separate localities, has lowered the transparency of the tender process for solar developers, according to the latest update from consultancy firm Bridge to India.
In common with every other PV market in the world as it matures, attaining grid parity for the technology is the ultimate goal for Japan. As an electricity market in general, meeting electrical supply with demand will of course become ever-more important.
