Institutional investor Caisse de dépôt et placement du Québec (CDPQ) has signed off on a transaction to acquire a majority stake in Invenergy Renewables, a North American privately held renewable energy company.
Philippines' AC Energy to sell coal unit stake to boost renewables, GameChange Solar bags 305MW of tracker and racking orders in Florida, T-Plus starts construction of 105MW of solar in Russia.
Leading solar PV inverter supplier Huawei has teamed with advanced solar monitoring and analytics firm, Locus Energy to support its launch of its ‘FusionHome’ Smart Energy Solution to the North American market in mid-2018.
Major semiconductor manufacturer Intel Corp has highlighted that its electricity consumption across its manufacturing operations in the US and Europe have reached the milestone of obtaining all electricity needs from renewable resources such as solar PV, hydro-electric and wind.
NextEra Energy Resources and utility Salt River Project (SRP) have completed the Pinal Central Solar Energy Center in Arizona, an integrated PV plant equipped with a battery system that will store energy and allow SRP to provide power to its customers.
United Renewable Energy Co., Ltd. (URE), the planned name for three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy are still evaluating the commercial rationale of establishing a US-based PV manufacturing plant, post the merger, which is being targeted for October 1, 2018.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported first quarter 2018 financial results that were better than expected as revenue and shipments were higher than guided with further PV power plant sales completed in the quarter.
Brazil Ministry of Mines and Energy (MME) has said it expects the 49 solar projects contracted in the last A-4 energy auctions to generate investments of BRL8 billion (~US$2.2 billion) by 2021 and create a further 1.8GW of power capacity.
