Indian Oil Corporation and Oil India are planning to set up a 1GW solar energy plant in the state of Madhya Pradesh in order to power their oil refineries, according to a senior figure of the state’s renewable energy agency.
Solar PV manufacturing in 2016 has seen the highest capex (capital expenditure) levels for years, and a return to capacity expansion plans. Furthermore, many of the companies announcing the capacity expansions are doing so for the first time, especially at the cell and module stage.
Some Green Energy Corridor projects aiming to expand the transmission network to South India are facing major delays, according to power and mines minister Piyush Goyal.
The international renewable yieldco of bankrupt SunEdison, TerraForm Global has issued some preliminary unaudited financial figures for the first quarter of 2016, while still dependent on SunEdison for filing its delayed 2015 annual report and first quarter results with the US SEC.
Following the termination of the proposed merger with NextEra, Hawaiian Electric (HECO) has withdrawn its application for approval of a liquefied natural gas (LNG) contract.
Indian state-owned mining, metal and power firm National Aluminium Company Limited (NALCO) is tendering for the setting up of a 20MW solar PV project in the state of Madhya Pradesh.
Australia’s Victorian government has issued Green Bonds and raised AU$300 million (US$225 million) in order to finance various projects including a major renewable energy project.
Bill Gates once again shunned solar power from his vision for energy access in Africa in his talk at the University of Pretoria in South Africa on Sunday, where he argued that whilst “cheap, clean energy” is what Africa needs, solar does not fit the bill.
Canadian energy company Nova Scotia Power Development Limited (NSPDL) has partnered with CDIL, a fellow Canadian renewable energy company with projects focused in Africa, for an 80MW ground-mount solar project in Nigeria.
