Japan’s Jera Co, a joint venture between Tokyo Electric Power Group (TEPCO) and the Chubu Electric Power Group, has acquired a 10% stake in Indian renewables firm ReNew Power Ventures Private Limited.
Investment confidence has rebounded in utility-scale Australian renewables with more than 20 projects under or about to start construction this year, according to analysis from the Clean Energy Council (CEC).
Specialist PV manufacturing equipment supplier Amtech Systems highlighted the confidence it had in a series of major new orders for high-efficiency n-type PERC and n-type bi-facial cell equipment including the first of a multi-phase 1GW turnkey project order during the reporting of its first 2017 fiscal quarter.
After 33 hours of bidding, Mahindra Renewables, Acme Solar and Solenergi Power have emerged triumphant in the 750MW solar auction in Madhya Pradesh, with the lowest price smashing records at just INR2.97/kWh (US$0.044) in year one before an annual escalation kicks in.
Thin film perovskite solar cell developer Dyesol has had an application granted by the Australian government for a AUD$2.5 million (US$1.9 million) in funding for an 18 month project to develop a large-area on glass product prototype that would coincide with the company establishing pilot line production in Australia.
International PV developer Sonnedix, via its Japanese operator Nippon Solar Services (NSS), has partnered with solar investor firm GSSG Solar to develop 170MW of PV plants in Japan.
Indian solar tariffs have reached a paradigm shifting new low after the final reverse auction round for 750MW capacity in Madhya Pradesh followed through into a nail biting second day.
The Minimum Import Price (MIP) agreement between the EU and Chinese solar manufacturers requires urgent reform as the 3 March extension deadline draws near.
China-based polysilicon producer Daqo New Energy said it had started production at its Phase 3A facility, bringing an extra 6,000MT of polysilicon capacity online and an annual production run rate of 18,000MT.