The European Council (EC) has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.
Solar Energy Corporation of India (SECI) has issued an expression of interest (EOI) for the setting up of 20GW of vertically-integrated solar PV manufacturing capacity in India over the next three years, in an unclear and poorly worded release.
Solar radiation measurement solutions provider Kipp & Zonen is being acquired by Hach, a manufacturer of measurement equipment primarily in the water sector.
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).