The last minute decision to drop Brazil’s only solar and wind auction for 2016 has been “received with perplexity” by the Brazilian PV sector, according to the head of the country’s solar association.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
The levelised cost of rooftop and large-scale solar PV continued to rapidly decline in 2016, financial advisory and asset management firm Lazard has said.
To help reach its ambitious 100% by 2045 renewables target, the Hawaiian Electric Companies (HECO) has issued a request for information (RFI) about land that could be available for future clean energy projects.
Solar Frontier Americas, the US subsidiary of one of the world’s largest CIS module manufacturers, is nearing completion of two solar plants totalling 106MW in Southern California.
More than 16,000 Indian households across 800 remote villages will be given a solar panel, with an eight-hour battery storage backup, according to the Indian minister for power, coal, new and renewable energy and mines, Piyush Goyal.
US solar developer Innovative Solar Systems has been awarded 720MW of 25-year solar power purchase agreements (PPAs) from undisclosed power off-takers in the Mid-West.
Brazil has cancelled its only reserve energy auction for wind and solar in 2016, due to an expected power oversupply in the country, according to a Reuters report.
Recurrent Energy, a subsidiary of solar power company Canadian Solar, announced that the 200MW Garland Solar Facility in California has reached commercial operation.
US-based residential and small commercial PV installer RGS Energy said it expected to have netted around US$3.6 million from its latest US$4.1 million public share offering as it struggles to comply with the NASDAQ minimum stock price rule and possible de-listing.
