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).
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.
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”.
Trina Solar has launched its latest ‘Vertex’ solar panel series, designed with a new platform of technology innovations to provide ultra-high performance for utility-scale PV power plant applications with a path to 600W panels in 2021.
Hybrid and co-located solar-storage projects can provide “considerable benefits” to grids in the US, but only if market rules and practices undergo a wholesale revamp.
American Electric Power is seeking proposals for off-take from new solar plants located in the PJM powerpool area, a regional transmission organisation for US 13 states and the District of Columbia.
