Southern Power, a subsidiary of Southern Company, has acquired a 51% stake in the 200MW Garland PV project in California by signing an agreement with Canadian Solar subsidiary Recurrent Energy.
The approval of the US investment tax credit (ITC) by lawmakers last week marks the start of “new energy paradigm”, according to an industry trade group.
Shunfeng International Clean Energy (SFCE) has announced that it has signed off on a deal to sell 100% equity interest in a wholly-owned subsidiary that owns and maintains nine PV projects in China to Chongqing Future Investment for approximately US$185 million.
In the last two days the United States and United Kingdom have taken two very different decisions on the future of solar in their countries. As the world seeks to capitalise on the momentum generated by last week’s Paris climate agreement, they are decisions that could have far-reaching consequences.
Brazil’s Ministry of Mines and Energy (MME) has launched a programme encouraging consumers to generate their own power from renewable energy sources, with a particular emphasis on solar.
The Government of India is considering supporting polysilicon, ingot and wafer production in India as part of prime minister Narendra Modi’s ‘Make in India’ programme, that was launched last year.
The expected ITC extension will open the door to utility-scale solar below four cents per kWh, according to GTM’s vice president of research Shayle Kann.
