‘Silicon Module Super League’ (SMSL) member Canadian Solar is selling various interests in three solar farms in Queensland, Australia to UK-based renewables firm, Foresight Solar Fund.
As expected, three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy have officially announced plans to merge and exit the ‘foundry’ business model they were founded on.
Dubai Electricity and Water Authority (DEWA) has launched a new investment company based in Silicon Valley, California, which will have R&D and innovation in sustainability and renewable energy among its energy technology focuses.
Utility-scale solar projects and hundreds of other power projects in the Philippines are being held up by pending approvals at the Energy Regulatory Commission (ERC), a problem compounded by last week’s dismissal of ERC chairman Jose Vicente Salazar for grave misconduct related to allegations of corruption.
Azure Power has submitted the lowest bid of INR3.14 (US$0.048) in a 250MW solar auction under the Domestic Content Requirement (DCR) held by Indian utility NTPC.
Three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and SolarTech Energy have separately announced the suspension of trading of their stocks on the Taiwan Stock Exchange beginning on October 16.
PV developer Sunray Power (SPI), majority owned by MRC Allied subsidiary Menlo Renewable Energy Corporation, has signed a service contract with the Department of Energy (DOE) to develop a 100MW solar PV project at Clark Green City in the Municipality of Bamban, Tarlac, the Philippines.
The Clean Energy Innovation Fund, supported by Australia's Clean Energy Finance Corporation (CEFC), and Right Click Capital have invested US$7 million into Australian start-up Redback Technologies, whose system uses machine learning to predict solar generation and customer usage.
Taiwan-based materials suppliers are benefiting from increased demand for diamond wire cut wafers for higher efficiency solar cells that is supporting higher prices in recent months.
Although profitability for many remains elusive sales have rebounded in September.
The days of naming financing as one of the major hurdles for Indian solar appear to be coming to an end in 2017 as record low tariffs were enabled by a newly-attractive fiscal environment. PV Tech caught up with Kuljit Singh, partner, Transaction Advisory Services at EY, to discuss a potential spate of Indian solar IPOs, pension fund interest, Masala bonds and the future of the market.
