ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold the rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.
The Mesquite Solar 2 addition is expected to be completed in late 2016, prior to the step-down of the US Investment Tax Credit (ITC) for utility projects from 30% to 10%.
Renewable energy company Coronal Group and Panasonic Eco Solutions have announced a new portfolio of eight PV projects currently under construction in North Carolina.
A solar farm connected to a huge battery will be built on the Hawaiian island of Kauai to use solar in the evenings to meet peak demand, under a 20-year contract between SolarCity and an electric utility co-operative.
OEM giant Flextronic’s acquisition of tracking manufacturer NEXTracker could help it take advantage of an expected boom in utility-scale solar installations in the US ahead of the drop in the Investment Tax Credit (ITC) at the end of 2016, according to a leading industry analyst.
Australia’s largest PV array, the 102MW Nyngan project in New South Wales, has delivered 60,000MWh of power to the national grid in its first three months of operation, the country’s renewable energy agency has said.
PV developer SunEdison has installed eight solar systems for India’s Delhi Metro Rail Corporation (DMRC), which is the biggest consumer of electricity in the state of Delhi.