What does it mean to be all things to all people? Does it overstretch resources to breaking point, or does it give you a chance to cast a wider net and capture market share? Vivint Solar recently joined Tesla in a race to offer whole packages including solar, storage, EV charging and other components to US customers. We talked to GTM Research's Brett Simon on some of the dynamics of those parallel strategies.
The days of naming financing as one of the major hurdles for Indian solar appear to be coming to an end in 2017 as record low tariffs were enabled by a newly-attractive fiscal environment. PV Tech caught up with Kuljit Singh, partner, Transaction Advisory Services at EY, to discuss a potential spate of Indian solar IPOs, pension fund interest, Masala bonds and the future of the market.
Australian PV company New Energy Solar is set to acquire 14 utility-scale PV projects, totaling 130MW, from US solar farm developer Cypress Creek (CCR). Cypress Creek will develop the 14 projects, which are expected to be commercially operational in 2018.
RAI Energy International has acquired an ownership interest n a 70MW PV project from Hamilton Energy Resource Opportunities (HERO) — allowing RAI to strengthen its North American PV solar portfolio.
Israel-based firm Orad has signed a NIS100 million (US$28.6 million) EPC contract for four solar PV projects with a combined capacity of 35.5MW in Negev, Israel, according to a filing on the Tel Aviv Stock Exchange (TASE).
As the Trump Administration dials back the Clean Power Plan citing pesky environmental regulations for coal's problems, its claims of being against intervention ring hollow. If the President wants modern, independent and increasingly economically sustainable power infrastructure, he should be backing solar.
Oolu, a Senegal-based start-up company and PV corporation in Africa, has successfully raised US$3.2 million in equity investments. This Series A fundraising follows its seed round in 2015 and will support the company’s growth and strategy as it looks to expand its customer base in West Africa.
