Power Plants

Irish renewables developer Mainstream Renewable Power has signed an equity investment deal worth €100 million (US$133 million) with Japan’s Marubeni Corporation trading company.

PV manufacturer Goldpoly is continuing its shift downstream with the imminent purchase of projects totalling 300MW from Zhongli Talesun.

Clenergy has supplied 24MW of its mounting equipment for a rooftop PV system in China, and also completed its first project in Vietnam.

The solar industry is on the brink of a sustained period of momentum, according to a bullish research note by Deutsche Bank published on Wednesday.

Solar industry and environmental groups in Colorado have united to oppose proposals by utility company Xcel Energy they say could restrict the growth of rooftop PV in the state.

The State Bank of India (SBI), the largest lender in the country, has warned against plans to cut the price paid to solar electricity producers in the state of Gujarat.

International consultancy, engineering and project managing firm AMEC has been appointed as the engineering, procurement and construction (EPC) firm to deliver three solar power projects in Marion County, Indiana, USA.

A 6MW test facility for renewable energy storage technologies has been approved in the UK.

Three in four California residential rooftop PV plants are now leased, as opposed to purchased and installed by the resident, according to a study by global think-tank Climate Policy Initiative (CPI).

Switzerland-based Sputnik Engineering, well known under its PV inverter brand, SolarMax, is following SMA Solar in restructuring its operations as markets shift away from Europe and the PV industry becomes increasingly global.