Markets & Finance

Major power firm EnergyAustralia has confirmed it will soon sign power purchase agreements (PPAs) for 500MW of wind and solar projects across eastern Australia, in contracts worth AU$1.5 billion (US$1.12 billion).

France-based investment firm Meridiam has completed financing of its second 30MW solar PV plant in Senegal.

Major global food company Nestle Group has agreed to have a rooftop solar system installed at one of its facilities in China by Goldman Sachs-backed rooftop PV specialist Asia Clean Capital (ACC).

Residential solar companies Vision Solar and Zing Solar announced a merger on Tuesday that will create a new combined entity — ION Solar.

Google has announced that it will reach 100% renewable energy across its global operations including data centres and offices within 2017.

Two companies are constructing a 1MW solar PV plant in Thailand using various combinations of technologies in order to set up a learning centre and advisory board to help solar developers across the Southeast Asia region.

Scatec Solar will make its first foray into the Brazilian market with a group of four projects totalling 150MW.

SunSystem Technology (SST) and Enphase Energy announced Monday that SunSystem has acquired the residential operations & maintenance (O&M) field services division of Next Phase Solar from Enphase — with both companies also agreeing to a partnership in which SST will serve as Enphase’s primary residential O&M service provider.

NLC tendering for 500MW(ac) in Tamil Nadu, Off-grid solar power for 1,000 villages in Arunachal Pradesh, Tamil Nadu 500MW utility-scale tender avoided.

Solar power produced 1% of India’s electricity in H1 2016/2017, according to data from Mercom Capital.