Australia’s Clean Energy Finance Corporation (CEFC) has reached 1GW of solar capacity investments across 20 large-scale projects since 2013 with a total investment of AU$898 million (US$689 million).
Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
Aiming to make its local solar manufacturers competitive on the global stage, the Indian government has proposed direct financial support of INR110 billion (US$1.7 billion) and a 12GW allocation of public sector tenders mandated to include locally sourced PV equipment.
Vortex has sold a 45% stake in its former SunEdison-built solar portfolio in the UK to Malaysia’s second-largest pension fund Kumpulan Wang Persaraan (KWAP).
The South Korea Ministry of Trade, Industry and Energy has announced its 8th long-term plan for electricity supply and demand, including environmental and safety factors, stable power supply and economic efficiency.
BP has said the promising “fundamentals” behind the current global solar market triggered it to re-enter and the petrol giant now has ambitious plans for worldwide growth.
When JinkoSolar released its third quarter results last week – and guided full year 2017 module shipment figures – the company remained on track to overachieve on final quarter shipments, thereby becoming the first ever PV supplier to ship more than 10 GW of modules in a calendar year. Finlay Colville explores how Jinko has managed to double its market share in the space of four years and where the company might be headed to next.
