Bundling a number of solar power generation assets into one investment fund through so-called ‘yieldcos’ is lowering the cost of renewables, while the yieldco market itself is expected to experience substantial growth in the next few years, an investment banker has said.
South African developer, BioTherm Energy, has become the second company to reveal successful bids for solar projects in the latest round of its home nation's flagship renewables programme.
An agreement to construct 1,000MW of solar power generation capacity has been made between Chinese PV module manufacturer Risen Energy Co. and the local governments of Wuhai City and Haibowan district, Inner Mongolia, as well as a further 200MW module supply deal.
The Australian Renewable Energy Agency (ARENA) has allocated up to US$15.2 million for a new research and development (R&D) round set to help industry-partnered projects that are looking to develop and commercialise renewable energy technologies.
Solar cell and module manufacturer Suniva announced that it is powering a PV project with battery storage from Vermont-based utility Green Mountain Power (GMP.)
International downstream PV firm Conergy and developer Holocene have jointly reached financial close on a 28MW portfolio of PV projects in North Carolina.
