Financial & Legal

September 27, 2018
Project developers have signed a 20-year power purchase agreement (PPA) with Malawian national utility Electricity Supply Corporation of Malawi Limited (ESCOM) for a 60MW(AC) solar plant.
September 26, 2018
Norwegian state-owned electricity company Statkraft plans to reach 2GW of solar by 2025, as part of a NOK1 billion (US$1.2 billion) investment in renewable energy.
September 25, 2018
The International Finance Corporation (IFC) has signed an agreement with the government of Afghanistan to design and tender a 40MW solar plant that will set a new model for subsequent projects and support the country’s 2GW of PV goal.
September 24, 2018
The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
September 24, 2018
Acme commissions 200MW in Rajasthan, BlueWave Solar sells 24MW community solar portfolio to Goldman Sachs, TIU Canada starts building 13.5MW solar project in Ukraine using LONGi modules.
September 21, 2018
Array Technologies has been awarded more than US$1 million in damages and royalties on future sales of Exosun trackers that infringe one of its patents.
September 19, 2018
India's government has made clear its intentions to cultivate a solar PV manufacturing base at home, but interest from foreign players has yet to be translated into major capacity expansions. PV Tech gathered views from various players - both foreign and domestic - about what steps need to be taken, while at the REI Expo 2018 exhibition in Greater Noida, India.
September 18, 2018
US-headquartered high-efficiency PV module producer SunPower Corp has said that its interdigitated back contact (IBC) solar cells and modules have been granted exclusion from the US Section 201 import tariffs that were imposed by President Trump in early 2018.
September 18, 2018
Large-scale solar bids in India have once again matched their lowest price of INR2.44/kWh (US$0.034) in a 500MW auction in Gujarat held by the utility Gujarat Urja Vikas Nigam (GUVNL).
September 18, 2018
Dublin-based clean energy firm Phelan Energy Group has secured financial close on a 50MW solar PV project in Bhadla, Rajasthan, India.

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