The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.
Solar power firms and some wind developers are experiencing curtailment of their energy production in the north central regions of Chile, but this will have been accounted for in their business plans, according to a major industry representative.
Indian renewable energy developer Azure Power has inaugurated a 28MW solar plant while starting construction for another 150MW project in Killianwali village of Muktsar district, in the Indian state of Punjab.
Hanwha Q CELLS is launching a 72 cell solar module, the ‘Q.PLUS L-G4.2,’ which is specifically optimized for large scale deployment with power classes of up to 340 watts and is UL and IEC 1500V certified. The utility-scale module incorporates Hanwha Q CELLS' proprietary Q.ANTUM technology based on the rear side passivation of solar cells and utilizes additional features to optimize the efficiency and performance of the PV cells to reduce the LCOE (Levelized Cost of Electricity) for the US market.
Spain’s Supreme Court has ruled against appeals claiming that the Popular Party’s cutbacks on the feed-in-tariff (FiTs) for solar in 2013 and 2014 were retroactive.
Post SNEC 2016 exhibition reports are starting to raise concerns over a looming collapse in downstream solar PV demand in China in the second half of the year that could lead to wider implications of both solar cell and module overcapacity and subsequent ASP declines hitting the global solar industry.
India’s Ministry of New and Renewable Energy (MNRE) has invited comments from stakeholders on its draft ‘National Policy for Renewable Energy based Micro and Mini Grids’.
The eastern Indian state of Jharkhand has awarded letters of intent (LOIs) to the winners of projects of more than 25MW capacity each from its 1.2GW solar PV auction, in what was seen as a positive step for developers.
