India-based renewables developer ReNew Power Ventures will receive up to US$250 million of debt financing from Overseas Private Investment Corporation (OPIC), the US government's development finance institution, to help construct 400MW of solar PV projects in India.
The Australian Solar Council has claimed that reported plans to merge the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC) could result in the removal of funding for ARENA.
Former major PV equipment provider, GT Advanced Technologies (GTAT) has successfully emerged from chapter 11 bankruptcy in the District of New Hampshire, US after seeking protection in October, 2014.
When Jan Marc Luchies from Tempress Systems (Amtech Systems) took to the stage last week – on the second day of the inaugural PVCellTech conference in Kuala Lumpur on 17 March 2016 – equipment supplier Amtech Systems capitalized on this platform with a press release to highlight a sharp uptick in new order intake for its PV operations over the past two months, taking the company’s solar bookings to approximately US$50 million since October 2015.
Mongolia’s mostly untapped renewable resources could be used to kick-start a major cross border power corridor between Russia, Mongolia, China, South Korea and Japan, according to a new study.
Puerto Rico’s financially troubled electric power authority PREPA will install a large-scale battery park at a 10MW PV farm, to help integrate the farm’s output and other renewables.
The Kerala State Electricity Board (KSEB) has issued a request for selection (RfS) for 200MW of grid-connected solar PV in what is the South Indian state’s first utility-scale solar tender for consumer use.
Saudi Arabia’s energy minister has said he believes it will be impossible to keep fossil fuel resources “in the ground” even in the next 50 years but nonetheless sees his country as an ideal potential manufacturer-exporter of PV panels.
