India’s Ministry of New and Renewable Energy (MNRE) has issued a clarification in its guidelines for tariff-based competitive solar procurement implying that a change in duties will henceforth be covered as a ‘Change in Law’, which would give developers protection in case a safeguard, anti-dumping or any other duty is imposed.
Canada Pension Plan Investment Board (CPPIB) will acquire a 396MW portfolio of six operational wind and solar power projects in Canada from Florida-headquartered NextEra Energy Partners for US$741 million.
Indian clean energy developer ReNew Power has acquired Ostro Energy Private Ltd for an undisclosed sum in what is one of India’s largest ever renewable energy deals.
Softbank Vision Fund (SBVF) and GCL Group holding company have signed a memorandum of understanding (MoU) to launch a US$930 million joint venture in the Indian state of Andhra Pradesh, primarily to manufacture PV ingots, wafers, solar cells and modules.
South African court rejects bid to block US$4.7 billion renewable energy deals, Canadian Solar acquires a 97.6MW solar project in Argentina, Nigerian Renewables association decries solar import duty.
China headquartered PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) has created a completely new business model in 2017 that provides new industrial parks a selection from a portfolio of a-Si, CIGS, GaAs and c-Si heterojunction (HJ) turnkey production lines to provide local governments access to solar technology and attract other hi-tech companies to new industrial parks.
The Sindh government aims to hold auctions for 400MW of solar parks, install 15MW of rooftop solar on public buildings and reach 250,000 households with solar home systems, having released a new environmental framework.
City council members from Jacksonville, Florida have unanimously approved close to US$3.4 million in financial incentives for JinkoSolar to establish a PV panel manufacturing facility in West Jacksonville, per the Jacksonville Daily Record.
