Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
In an email exchange with PV Tech, the Dubai utility declined to comment on whether the tariff – allegedly submitted by a consortium led by Saudi Arabia's ACWA – was correct, with its CEO telling Bloomberg on Sunday it was "the lowest price worldwide."
Deal between developer Solar Ventures and private equity outfit Zouk Capital underscores rising market confidence in Italy as home to unsubsidised PV after years of standstill.
Developer's plan to ensure projects can tap into 30% ITC rate before it tapers follows similar move by installer SunPower, which bought 200MW of panels this week.
Partner duo tell PV Tech their new 400MW platform will exclusively feature ground-mounted PV projects, with plans to initially target 10 installations.
TenneT commits €215m to 380kV/110kV substations and other grid upgrades to relieve congestion, following months of political pressure over PV-driven bottlenecks.
Canada's Brookfield adds to growing solar portfolio by becoming co-owner alongside financial giant KKR, in deal that saw original owner Acek shed final 20% stake.
Government adamant it will ‘not only meet, but also exceed’ 175GW-by-2022 goal despite predictions to the contrary by CRISIL, which warned policy swings are putting off investors.
Cabinet deal enshrines solar as top renewable source in a decade's time but PV operators believe ambition falls short of level required by climate change.
