Canada Pension Plan Investment Board (CPPIB), which has been actively investing in renewables over the last year, now plans to issue its inaugural Green Bond, and it claims to be the first pension fund to do so.
Leading CdTe thin-film PV module manufacturer First Solar held a ground breaking ceremony on 8 June 2018 for the construction of its new 1.2GW manufacturing plant near its existing flagship facility in Perrysburg, Ohio.
Major US solar developer sPower has signed a 22-year power purchase agreement (PPA) with CleanPowerSF, for a 100MW solar project in Lancaster, California.
Brazil’s Votorantim Energia, managed by Votorantim SA, and the Canada Pension Plan Investment Board (CPPIB) agreed to form a 50-50 joint venture company that will invest in renewable energy across Brazil, Reuters reports.
According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
China-based solar PV project developer and operator ReneSola is one of the first companies to publically echo the impact expected from the Chinese government’s decision to significantly curtail solar deployment, highlighting the solar module ASP decline of modules as a key benefit to downstream developers.
Madison Gas and Electric (MGE) and WEC Energy Group (WEC), through its Wisconsin Public Service (WPS) subsidiary, have formed a partnership to develop two large-scale PV projects in Wisconsin.
Vistra Energy announced that the 180MW Upton 2 Solar Power Plant in West Texas has achieved commercial operation. The solar installation stands as Texas’ largest operating PV facility.
Utility NV Energy has awarded contracts in the US state of Nevada for over 1,000MW of renewable energy projects – including a 420MW-dc solar farm – and has also requested approval for 100MW of energy storage.
