A leading venture capital firm is considering making its first investment in an early-stage solar start-up despite seeing its competitors lose hundreds of millions of dollars.
The petition made by state-owned electricity distributor Gujarat Urja Vikas Nigam Ltd. (GUVNL) to cut the rate it pays for energy from 88 solar projects by 28% has been rejected.
The US Bureau of Land Management (BLM) is planning to hold its first competitive auction for public land for solar project development later this year.
The third bidding window for South Africa’s national renewable energy initiative closes today amid expectations of a surge in competition for the available PV capacity.
Having gone through a major financial restructuring, SolarWorld is starting to tackle its manufacturing competitive issues with a round of technology upgrades and new product introductions.
Major equipment supplier to the PV industry, Meyer Burger has reported a better than expected order intake in the last six-weeks, citing it as a “turning point in customer behaviour.”