Power Plants

The US state of North Carolina has passed the 1GW milestone for installed solar capacity, according to figures from the NC Sustainable Energy Association (NCSEA).

PV energy provider United Photovoltaics Group has completed the purchase of PV power plants in China totalling 170MW.

German EPC service contractor IBC Solar is moving into PV project development and financing in India.

Fourth Partner Energy (4PEL) a Hyderabad-based company developing distributed solar power, has raised around US$2 million in financing, enabling the firm to offer more financing options to its clients.

Plans by Italy’s grid operator to allow for the interconnection of energy storage to the network have resulted in the country’s first grid-connected solar-smoothing storage facility being inaugurated.

President Francois Hollande inaugurated a 12MW solar farm in central France last week which uses PV panels assembled domestically by SunPower.

Global interconnection and data centre company Equinix has agreed to a power purchase agreement (PPA) for 105MW of PV power with renewable energy company SunEdison.

US-based utility AES Distributed Energy has filed for an asset-backed security (ABS) with the Securities and Exchange Commission.

Production has begun on Saudi Arabia’s first locally-made solar inverters through a partnership between KACO and local company Advanced Electronics Company (AEC).

Scotland’s government has decided to go against the UK Department of Energy and Climate Change’s (DECC) Renewables Obligation proposals and retain the grandfathering guarantee.