Enel Green Power’s a-Si thin-film module manufacturing subsidiary, 3SUN is hoping to obtain a €14.1 million grant from Italy’s national agency for attracting investment and enterprise development, Invitalia to support the purchase of heterojunction (HJ) solar cell tools to switch production to the higher efficiency silicon technology.
India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.
India’s famously weak grids should be able to integrate the planned addition of 175GW of renewable energy by 2022, according to a report released by the central government.
UPDATED: The Indian state of Tamil Nadu’s latest 1.5GW solar auction has received the lowest bids in the state so far with Raasi Green Earth winning 100MW of capacity with a tariff of INR3.47/kWh (US$0.054).
Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.
The UK’s suite of renewables set a new generation record in the first quarter of the year, official statistics from the Department of Business, Energy and Industrial Strategy show.
GE Energy Financial Services (GE EFS), the energy investing unit of General Electric, has raised what it claims to be the largest solar energy fund in Japan to invest in Japanese solar power projects.
