Projects

Abu Dhabi-based Masdar will acquire a 50% stake in 689MW of solar assets from EDF in the US, marking its first solar investment in the country.

India installed just 205MW of solar capacity in the second quarter of 2020, down 86% year-on-year, according to a new report from research and consulting firm Mercom India Research.

The pipeline of solar-storage hybrid projects in the US exceeds 100GW representing enormous potential for growth in the market, a new report has found.

Danish developer European Energy has secured €96.5 million (US$113.59 million) in funding for Italy’s largest solar park.

Global corporate funding for solar projects in the first half of 2020 was US$4.5 billion, a 25% drop year-over-year, according to a report from Mercom Capital Group.

Azure Power and Tata Power were among winners in a reverse auction for 1.2GW of solar projects in India, with a winning tariff of INR2.43/kWh (US$0.0324).

Portugal’s environment minister has revealed a solar tender due to take place in the country at the end of the month is ten times oversubscribed.

Module manufacturer Znshine Solar has clinched a 33.28MW supply contract which will contribute towards the development of a utility-scale solar plant in the Ukraine.

Solar projects have scooped nearly 800MW of contracts from Ireland’s first Renewable Energy Support Scheme (RESS), smashing all expectations.

A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.