Markets & Finance

The Victorian state government in Australia aims to fast-track connections to the grid for rooftop solar installations, under the impending National Electricity (Victoria) Further Amendment Bill 2015.

Montreal-based fund manager Caisse de dépôt et placement du Québec (CDPQ) plans to make a US$150 million investment in renewable energy in India by targeting hydro, solar, wind and geothermal power assets.

China-based PV energy provider GCL New Energy Holdings (GCL NE) has updated its PV power plant installation figures for 2015.

Swiss power electronics firm ABB has won a contract to build a new high-voltage converter station connecting the grids of eastern Denmark and Germany.

Ontario’s Independent Electricity System Operator (IESO) has awarded seven solar energy contracts totalling nearly 140MW with a weighted average price of CAD0.1567/kWh (US$0.12).

The first official visit by a Canadian prime minister to the US in 19 years yesterday saw climate change take centre stage and a pledge by the two countries to collaborate more closely on renewable energy.

The US trade body formerly known as the Solar Electric Power Association (SEPA) is to undergo a rebranding and drop ‘solar’ from its new name.

International solar PV EPC firm Phoenix Solar has reported preliminary 2015 financial results with revenue of €119 million, up 250% from the prior year.

China Sunergy (CSUN) has been ordered to de-list from the NASDAQ stock exchange after failing to regain compliance.

PV wafer and module manufacturer ReneSola reported lower than expected PV module shipments and revenue in 2015, while expanding wafer shipments.