Indian solar tariffs reached yet another new low yesterday with the Indian arm of French clean energy firm Solairedirect winning 250MW(ac) of capacity in Andhra Pradesh with a record bid of INR 3.15/kWh (US$0.0494).
Amaranto has launched an investment vehicle dedicated to acquiring PV projects in India and has secured exclusive rights to purchase a 110MW solar project in the West of the country for around US$80 million.
News in Brief: Portland, Oregon pledges 100% renewable energy by 2050, India's BHEL implements a 2MW rooftop array with the Indian Railway and Unisource Energy completes a 5MW solar array in Arizona, dedicated to a long-term employee.
Enel announced Monday that it has closed an agreement to acquire Bungala Solar One — the 137.5MW phase of the 275 MW Bungala Solar PV project — from Bungala Solar Holding Pty Ltd., a subsidiary of Australian developer Reach Solar Energy Pty Ltd.
India added 5,526MW of solar PV capacity in the fiscal year 2016/17, up 83% on the previous year, according to new figures from the Ministry of New and Renewable Energy (MNRE).
Chinese automotive to renewable energy technology company BYD has officially opened its first solar module assembly plant in Brazil with a nameplate capacity of 200MW that will include glass/glass modules.
German PV inverter manufacturer KACO new energy said it expected shipment volumes in 2017 to reach almost 2.5GW after booking 600MW in the first quarter.
China-based PV energy provider (PVEP) United Photovoltaics Group said it would be changing its name in response to its direct involvement with the United Nations Development Programme (UNDP) designed to promote both youth engagement and sustainable development and build PV power plant in the shape of a Panda.
After several months of lacklustre sales from many key PV manufacturers in Taiwan, indicating an expected boom in China’s downstream PV market had yet to gain momentum, March sales data indicates improving market demand, yet not at the levels seen in the prior year quarter.
