Global alternative asset manager Ares Management has acquired a majority ownership stake in Conti Solar, a renewable energy development, engineering, procurement, and construction company.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
PV Tech caught up with Vish Iyer, global head of business development, strategy and marketing for the Hybrid and Energy Storage division at EPC firm Sterling and Wilson, to find out more about the company's latest venture.
Australia-headquartered engineering and professional services company WorleyParsons said its first engineering, procurement and construction (EPC) contract for a battery storage project in the US shows how the energy sector is moving from “mega projects” to “portfolios of smaller projects”.
Australia-based perovskite solar cell developer GreatCell Solar, formerly Dyesol has recently secured European Union (EU) funding of €500,000 (approximately A$800K) through the Horizon 2020 project.
Nanoelectronics R&D organisation imec has been appointed as the lead to a three-year €5 million EU funded R&D program on perovskite solar cells that brings together a number of European research and commercial partners.
According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
