The results of Mexico’s first clean energy auction were even better than expected, with an exponential increase in solar in the country forecasted this year as a result. The awarded capacity is scheduled to be put to good use, with big winners releasing details of projects earlier this week.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has been advised to step up its activities in solar energy by minister of heavy industries and public enterprises Anant Geete.
The Hawaii Public Utilities Commission are investigating the state’s largest utility, Hawiian Electric Co’s decision to cancel project contracts with embattled renewable energy company, SunEdison.
Australia’s Clean Energy Finance Corporation (CEFC) and infrastructure manager Palisade Investment Partners have announced a new strategy to attract investors at an early stage of renewable energy project development.
Domestic developers triumphed in Karnataka’s 500MW solar auction, maintaining the market’s fiercely competitive tariff levels with winning bids between INR4.78-4.8/kWh (US$0.072) for capacity in the Pavagada Solar Park in Tumkur District.
Canadian PV company SkyPower is searching for partners for its projects in India and will begin constructing them in Fall 2016 and has denied a report suggesting it could exit the country, according to Reuters.
Indian developer Mytrah energy has received a direct loan facility of up to US$175 million from the Asian Development Bank (ADB) to help fund the development of solar and wind projects in Mytrah’s pipeline.
The Indian state of Gujarat has introduced a subsidy for residential grid-connected rooftop solar systems on top of any benefits provided by India’s Central government.
Chile’s energy regulator CNE has delayed its power auction to 25 July this year, in a move that should benefit renewable energy companies looking for certainty over transmission rules.
