Hyderabad-headquartered firm Greenko Energies has received state government approval for a huge renewable energy project involving 1GW of solar, 550MW of wind and 1.2GW of pumped energy storage in the Indian state of Andhra Pradesh.
PV developer Lightsource BP has formed a joint venture (JV) with HA Utilities, an arm of Egyptian construction and engineering group Hassan Allam Holding (HAH), to develop utility-scale solar projects in Egypt.
As module suppliers adapt to the slowdown of Chinese module demand in 2018 and 2019, global EPCs and developers are likely to see new Asian-produced panels being offered for both rooftop and ground-mount installations.
China-based integrated PV module manufacturer Wuxi Suntech Power Co has recently renewed its 25-year module performance warranty cover with Munich Re Group and Ping An Insurance, the fifth consecutive year, Suntech has cooperated with the both insurance companies, since 2014
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
PV Tech was recently given the opportunity to undertake an in-depth interview with Rongfang Yin, vice president of Trina Solar Group to understand the potential business impact on the company of the recent Chinese government policy changes and what if any new strategies were required.
Acciona and Tuto Energy, who each own a 50% stake in the 404MW Puerto Libertad solar project in Sonora, Mexico, have signed a financing agreement for the project of up to US$264 million with four banks.
Facebook’s Prineville Data Center in Oregon will be supported by 100% renewable energy from 437MW of new solar developments in partnership with Pacific Power, including two projects totaling 100MW in the Prineville area.
Australian steel company Bluescope has signed a 7-year power purchase agreement (PPA) with ESCO Pacific and Schneider Electric for 88MW of generation from a 133MW solar project in the state of New South Wales (NSW).
Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.