Markets & Finance

The US arm of the international cosmetics giant L'Oréal has announced plans for two large-scale solar projects in Arkansas and Kentucky.

A 150MW solar PV plant in Southern California has become fully operational, according to independent power producer (IPP) Tenaska.

Solar Energy Corporation of India (SECI) has awarded 450MW of solar capacity in the state of Maharashtra, with two foreign firms among seven winners.

Ideal Power, a power conversion expert, has partnered with EnerDel and its lithium-ion batteries to create a mobile solar-plus-storage microgrid for the US Air Force.

Ardian Infrastructure has made its debut in the Latin American solar market in the US$31 million acquisition of four PV plants in Chile and Peru from Spanish EPC Solarpack.

The FUD (fear, uncertainty and doubt) over the solar industry entering it second major overcapacity cycle is being replaced by a focus on how much overcapacity verses end market demand exists, especially in 2017 and therefore how low will PV module ASP’s go?

Hong Kong-headquartered Asia Clean Capital and the US’ Ten K Solar have signed an exclusive China partnership to develop an anticipated 40MW worth of solar projects within the next 18 months.

Israel is planning a public private partnership (PPP) tender for a solar facility in the southern Negev desert with a capacity up to 500MW.

SolarCity purchase under threat as Tesla shareholders file four lawsuits in two weeks, alleging the company's board breached fiduciary duties.

An Asian consortium involving China-based PV manufacturer and developer JinkoSolar and Japanese conglomerate Marubeni Corporation has submitted the lowest ever bid for solar PV capacity in Abu Dhabi, standing at US$0.0242/kWh.