Power Plants

New York is to invest US$5 billion in clean energy over the next decade under plans outlined yesterday by the state governor Andrew Cuomo.

CIGS thin-film solar technology manufacturer SoloPower Systems has completed its first commercial-scale deployment in South Africa.

India’s government has approved significant amendments to the nation’s power ‘Tariff Policy’, including increasing the Renewable Purchase Obligation (RPO) to 8% for solar energy by March 2022.

A “narrow focus” on the initial costs of energy storage is leading to misconceptions about the true value of the technology, a report has concluded.

PSEG Solar Source announced that it has acquired two solar projects from juwi — a 3.9MW facility in Livermore, California, and a 62.7MW site in Millard County, Utah.

North Carolina wrapped up another productive year for solar energy in 2015, as Duke Energy companies set a new record for the amount of PV energy installed in the state at 300MW — enough to power about 60,000 homes.

Neyveli Lignite Corporation (NLC), an Indian state-owned mining and power company, is tendering for 260MW of grid-connected solar PV capacity in two Indian states.

India’s fifth largest private sector bank YES Bank plans to list a Green Bond of up to US$500 million on The London Stock Exchange by December this year.

Renewable energy firm SunEdison has completed the second phase of a deal to acquire a 33% interest in US utility Dominion’s 567MW portfolio of solar projects for US$117 million.

Solar developers AGL Energy and First Solar have completed Australia’s two largest solar PV plants at Nyngan (102MW) and Broken Hill (53MW), which included AU$166.7 million support from the Australian Renewable Energy Agency (ARENA).