In this week's segment, PV Tech reports on energy storage in Australia, acquisitions in India, and policy-makers in the US, in a round-up of the most dynamic employment stories over the last fortnight.
India-based energy firm Azure Power Global has launched its IPO on the New York Stock Exchange offering 6.82 million equity shares priced between US$21 to US$23 per share.
Yieldco 8point3 Energy Partners has entered into an agreement with SunPower to acquire a 49% stake in Pacific Gas & Electric’s 102MW Henrietta solar project for US$134 million.
The Nevada Public Utilities Commission’s (PUC) recent decision to grandfather 32,000 customers into pre-existing favourable rates structure has created a significant business opportunity for local installer Sunworks, and according to the company, is the next step to restoring the residential sector.
The US Trade and Development Agency (USTDA) has awarded a grant to SolarReserve South Africa to advance their ‘Urban Solar Farms’ initiative in South Africa.
The Indian state of Andhra Pradesh has set its Renewable Purchase Obligation (RPO) at 12.75%, more than 50% higher than the targets set by the Central Government.
d.light, a solar solutions provider for communities without access to reliable power, has secured US$22.5 million in new financing to grow its PayGo business into additional off-grid territories.