Markets & Finance

Tata Power agreed to buy Welspun Renewable Energy earlier this month for INR92.49 billion (US$1.42 billion). Against the backdrop of fiercely competitive bidding, Mercom Capital Group chief executive and co-founder Raj Prabhu, explains the scene of potential mergers and acquisitions in the Indian solar market.

Nest Labs, smart home product developer owned by Google, has partnered with SolarCity to provide Time of Savings to its energy service offerings.

Neuchâtel’s Christophe Ballif is the 2016 winner of the Becquerel Prize.

The hearing in a US court to decide whether SolarWorld is liable for damages in its case with Hemlock Semiconductor has been cancelled.

San Diego Gas & Electric (SDG&E) will likely surpass its cap on the number of rooftop solar systems that can sell electricity back to the utility under the net metering scheme – and will be the first utility in the state to do so.

Power electronics and O&M firm Ingeteam is taking over the solar business of Italy-based PV inverter company Bonfiglioli Riduttori.

Solar PV installations are expected to surpass 60GW worldwide in 2016, up from the 50.6GW deployed last year, according to the latest figures from SolarPower Europe.

Leading thin-film producer First Solar is to unveil its new Series 5 thin-film PV module at Intersolar Europe 2016.

Austria-headquartered PV O&M company ENcome has acquired abakus solar, a German PV wholesale business that specialises in project development, EPC and O&M, for an undisclosed amount.

The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.