Markets & Finance

A large tranche of utility-scale solar – and storage – projects in Hawaii has been approved by the state’s Public Utilities Commission (PUC), each quoting a cost per kilowatt hour of US$0.10 or under.

Occitanie-based LUXEL has 1GW of assets either in operation, construction-ready or in development.

Head of state-owned CFE says ‘new vision’ of Obrador’s government legitimises move against ‘aberration’ of forced purchases in recent years.

Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.

LSS2019 special report: Top official lays out how EU legislation will ease PV’s struggles with PPAs, permitting and policy u-turns as it works to become mainstream.

Firm’s deal to divest US leased assets for US$86.9m comes amid efforts to slim down its structure and reverse years of net losses.

Awarding of 505.2MW from collective bids of 869MW is a positive turn for sector but land restrictions will stifle deployment, says Germany’s BSW Solar.

The LEGO holding company and investment fund KIRKBI has acquired the US arm of solar developer Enerparc.

US-headquartered high-efficiency solar panel manufacturer SunPower Corp recently held its ‘Capital Markets Day’ event that indicated a slow turnaround in its business fortunes would be a key development in 2019. A key challenge for a company that has undergone several major restructurings in recent years has been the lack of profitability.

Project will utilise the grid connection of a soon-to-be-retired coal power plant.