PV inverter manufacturer SMA Solar Technology has made a US$20 million investment in module-level power electronics (MLPE) firm, Tigo Energy for a 27% stake in the company.
Global clean energy communications and consulting firm Mercom Capital has released its report on funding and merger and acquisition (M&A) movements for the PV market in the first quarter of 2016.
Closely following a senate bill to cut greenhouse gas emissions passed last week, Maryland’s legislature continues its green streak by voting in a measure that would increase the state’s renewable energy mandate to 25% by 2020.
The financial woes of US developer SunEdison would only have a small impact on India’s overall solar deployment targets and any incomplete PV projects would be retendered immediately, Tarun Kapoor, joint secretary of India’s Ministry of New and Renewable Energy (MNRE) has told PV Tech.
The Global Solar Council (GSC) is progressing in leaps and bounds as the first unified international voice of the solar industry. This week, it announced its founding corporate members and the launch of the Global Council Leadership Forum.
Under phase 2 of the Large Renewable Procurement (LRP) Scheme, Ontario is opening bidding for 930MW; almost doubling its renewable energy ambitions for solar (250MW), wind (600MW), hydroelectricity (50MW) and bioenergy (30MW).
US power engineering firm Bechtel’s major Soda Mountain solar project has been approved by the US Department of Interior (DOI), but only after a 71MW capacity reduction, following an extensive three-year environmental analysis of the project area.