Plans are in place for a 160MW solar, wind and storage project in the Indian state of Andhra Pradesh, while a smaller scale demonstration project experimenting with multiple technologies is being developed for Kerala.
Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.
Meyer Burger Technology has announced that 100 staff will definitely be let go from its facility in Thun after a consultation procedure was completed on 28 November. However the security of another 60 positions will be dependant on whether strategic alternatives are found.
Australia has now commissioned 1GW of solar this year, according to analysis from consultancy firm SunWiz, and multiple other records have been broken.
Developer Maoneng Australia has signed what it claims to be Australia’s largest solar power purchase agreement (PPA) with utility AGL Energy for 300MW of PV projects in New South Wales.
China-based firm Three Gorges New Energy, part of Three Gorges Corporation, has connected part of a 150MW floating PV project to the grid, with the remaining capacity to be connected in May 2018.
International solar PV systems integrator Phoenix Solar has announced plans to enter insolvency proceedings due to US$ 8.0 million reimbursement claim by a US customer.
Major PV inverter manufacturer SMA Solar Technology has sold more than 1GW of solar inverters in India during 2017 and has now exceeded 3GW of cumulative sales in the country.
Renewable energy insurer GCube has secured a new underwriting facility to manage project risks during construction and operations in the Middle East and North Africa.
The Energy Commission of Malaysia (EC) has released the list of winning developers in its second Large-Scale Solar (LSS) tender round, offering roughly 563MWac of capacity.
