Surprised by the official figures for solar PV installations in China in the first quarter of 2015, Deutsche Bank analyst, Vishal Shah cited renewed momentum in the Chinese market that could result in the 17.8GW government target for the year being surpassed.
According to figures released by China’s National Energy Administration (NEA), a combined total of 5.04GW of new solar capacity was grid connected in the first quarter of 2015.
Australian utility company AGL has called on the country’s regional and local government to “set both binding and aspirational medium and long-term emission reduction targets”, while outlining its own commitments to carbon reduction.
Solar developer Solairedirect has been valued at €386 million (US$414 million) after it announced its indicative share price range ahead of its forthcoming IPO.
Bundling a number of solar power generation assets into one investment fund through so-called ‘yieldcos’ is lowering the cost of renewables, while the yieldco market itself is expected to experience substantial growth in the next few years, an investment banker has said.
Solar cell and module manufacturer Suniva announced that it is powering a PV project with battery storage from Vermont-based utility Green Mountain Power (GMP.)
International downstream PV firm Conergy and developer Holocene have jointly reached financial close on a 28MW portfolio of PV projects in North Carolina.
