Markets & Finance

Sky Capital America, the US subsidiary of Hong Kong-based Sky Solar Holdings, has acquired 22.5MW of developmental stage permits for solar projects in California and Vermont from an unnamed California-based solar developer.

Tarun Kapoor, MNRE joint secretary, told the regulator that solar has "must run" status and thermal power should be curtailed first when necessary.

EnSync Energy Systems, formerly known as ZBB Energy, announced on Monday the sale of multiple PPAs, including the first solar-plus-storage projects sold in Hawaii.

US dedicated residential PV installer Sunrun has secured a further US$45 million in funding to meet its backlog of customer installations from three finance institutions.

The largest dedicated and integrated monocrystalline product producer Longi Silicon Materials has signed a cooperation contract with China-based PV module manufacturer and EPC firm ET Solar to champion monocrystalline technology and products globally.

India’s largest utility NTPC is expected to change its tender strategy for its next 5GW of solar, according to consultancy firm Bridge to India.

The Australian Energy Regulator has released a draft decision protecting solar users in South Australia from increased charges proposed by utility SA Power Networks (SAPN).

Grid issues not politics are behind new caution over renewables deployment, South African utility Eskom has said.

Europe’s switch to post-subsidy will require an industry-wide effort to ensure success, according to Huawei.

Farmers in Australia are bearing the brunt of electricity price fluctuations, but they may benefit from partnering with renewables companies, according to Jacqueline Knowles, manager of natural resources policy with the National Farmers' Federation.