The 50:50 JV named ‘EverSource Capital’ will manage an initial fund named the Green Growth Equity Fund (GGEF), which has the backing of the India and UK governments.
Univergy International has started a joint venture with Japanese company Europe Clean Energies Japan and the Vietnamese Thanh Nien Media Corporation, to develop a 44.4MW solar PV project in Dak Nong, Cu Jut district, Vietnam.
Australia-based perovskite solar cell developer GreatCell Solar, formerly Dyesol has recently secured European Union (EU) funding of €500,000 (approximately A$800K) through the Horizon 2020 project.
US-based PV installer RGS Energy (RGSE), which acquired exclusive rights to Dow Chemical’s third generation (3.0) solar shingles under the ‘POWERHOUSE’ brand, but using conventional crystalline silicon solar cells rather than the original CIGS (Copper, Indium, Gallium, Selenide) thin-film substrates, has included China-based PV manufacturer, Risen Energy as a key supplier.
UK investor Downing, working with its investment partner Armstrong Energy Global, has developed and constructed 20MW of ‘open access’ solar projects in the South Indian states of Telangana and Andhra Pradesh.
Edify Energy and Wirsol Energy have connected the 60MW Gannawarra Solar Farm in northwest Victoria to the grid, with a storage retrofit expected before the summer.
According to GTM Research, global solar PV installations are expected to surpass 104GW in 2018, despite the top four markets, including China, forecasted to decline collectively by 7%.
