Indian conglomerate Adani Group and solar developer Azure Power have both been awarded 50MW of capacity with winning bids of INR 4.78/kWh (US$0.07) in the 100MW solar auction in the Indian state of Uttar Pradesh.
Troubled renewables firm SunEdison has disclosed that Steven Tesoriere, a member of its board of directors since 2012 has resigned his position with immediate effect.
A consortium of Spain-based solar firm Solarpack and US company Think Energy Partners will build six PV projects totalling 100MW capacity in the Indian state of Telangana.
There should be no surprises regarding the top five ranked PV module manufacturers in 2015, as they form the backbone of the key six-member 'Silicon Module Super League' (SMSL), which PV Tech highlighted in late November 2015.
Neyveli Lignite Corporation (NLC), an Indian state-owned mining and power company, is tendering for 260MW of grid-connected solar PV capacity in two Indian states.
Renewable energy firm SunEdison has completed the second phase of a deal to acquire a 33% interest in US utility Dominion’s 567MW portfolio of solar projects for US$117 million.
India’s fiercely competitive solar auctions have driven bids down to another surprise low with Finland-based developer Fortum Finnsurya Energy winning 70MW capacity in Rajasthan at a price of INR4.34/kWh (US$0.064), which is a drop of more than a 6% from the previous Indian record of INR4.63/kWh.
SMA is aiming to tackle the market for retrofitting energy storage systems in to existing home PV installations, with a new AC-coupled version of its Sunny Boy inverter suitable for high voltage batteries.
A consortium between India-based integrated utility and solar developer Essel Infra and China-based PV material manufacturer Golden Concord Holdings (GCL) has signed a memorandum of Understanding (MoU) with the Andhra Pradesh government to invest US$2 billion in developing 5GW of module manufacturing capacity by 2020 in the Indian state.
