The 50:50 JV named ‘EverSource Capital’ will manage an initial fund named the Green Growth Equity Fund (GGEF), which has the backing of the India and UK governments.
So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
Rick Perry, the US Secretary of Energy, announced Tuesday that the US Department of Energy (DOE)will provide US$105.5 million in funding to support efforts to innovate solar energy technology.
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.
