French energy company Total has acquired interest in two solar companies, Off Grid Electric and Powerhive, via its venture capital fund Total Energy Ventures (TEV), which invests in start-ups.
Indian conglomerate RattanIndia Power plans to use a 324 hectare site in Punjab, which was originally pegged for a thermal power plant, to build a 200MW solar PV project.
In addition to launching a residential energy management and PV self-consumption package for the home compatible with Tesla’s Powerwall, power optimiser specialist SolarEdge launched a lightweight inverter late last year utilising the Israel-headquartered firm’s new HD Wave technology.
Spain’s Court of Arbitration has ruled against two companies who filed a lawsuit against the Kingdom of Spain over reforms to the PV sector made in 2010, according to a statement from the Spanish Ministry of Industry.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
SolarCity has produced commercials that “reframe” the debate between fossil fuels and renewables in “deliberately practical terms”, comparing the complexity of generating and delivering power from fossil fuel plants against the immediacy of rooftop PV.
Multinational developers are winning solar projects in India by bidding at extremely low tariffs to make a beginning in the Indian market, but with little appetite to bid at the same low levels again, according to a prominent industry figure.
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.
