The Indian state of Tamil Nadu has issued a request for submission (RfS) for 500MW(ac) of solar energy, continuing attempts to reach its Renewable Purchase Obligations (RPO), after a previous tender of the same size was undersubscribed.
India’s major scheme to alleviate the debts of its distribution companies (Discoms) now covers 90% of the aggregate debt of all Discoms after the state of Tamil Nadu joined the programme today.
India’s expected four-fold rise in energy demand over the next 15 years will open “immense business opportunities” for Japan in the sector in India, according to Indian energy and mines minister Piyush Goyal.
Independent solar power producer Sonnedix announced Friday that it has signed off on a deal to acquire the 136MW Vela PV portfolio from Centerbridge Partners — with the pipeline comprised of 43 operating and financed solar projects in Spain.
Chile is set to add 1.5GW of new renewable energy capacity in 2017, according to Carlos Finat, the executive director of Chile’s renewable energy association, ACERA.
The 365MW UK solar portfolio owned by SunEdison yieldco TerraForm Power has been sold to Vortex, a European renewables investment platform of private equity firm EFG Hermes.
Tesla and Panasonic’s Gigafactory in the Nevada desert has now started making high performance cylindrical battery cells of the type used in its stationary storage and forthcoming Model 3.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has sold two PV power plants in Ontario, Canada to subsidiaries of Concord Green Energy Inc for around US$115 million.
