Projects

The Committee on Foreign Investment in the United States (CFIUS) has blocked the US$232 million investment by Shenzhen Energy in three projects owned by Recurrent.

Swedish retail giant IKEA will open the doors to its first store in India on Thursday and it is in the commissioning phase of an 800kWp rooftop solar plant to go with it.

Elon Musk has confirmed that he wants to take Tesla private as board-level discussions commence.

US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.

Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.

France-based floating solar specialist Ciel & Terre has launched a new subsidiary in the Indian city of Bangalore, a new manufacturing line in Maharashtra, and is set to deliver floats to its first 5MW project in West Bengal.

France has approved 103 large-scale solar projects totalling 720MW in the latest phase of its 3GW deployment plans.

SolarEdge is shipping its most powerful inverter product to date – the SE100KUS inverter for 277/480Vac commercial grids. The SE100KUS utilizes a bundling concept with three separate units to retain higher system uptime and availability.

India’s total PV demand in 2018 will reach just 8.5-9.6GW as a result of the imposition of a 25% safeguard duty on imports of cells and modules, according to EnergyTrend forecasting.

The Solar Energy Corporation of India (SECI) has issued a tender for the development of 750MW of grid-connected solar projects in Rajasthan.