Distributed energy technologies such as solar and battery-based storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from the government's scientific R&D agency CSIRO and Energy Networks Australia (ENA).
Struggling China-based PV manufacturer Yingli Green Energy has avoided another bond default with the payment of approximately US$46 million on one of its five-year unsecured medium-term notes (MTNs) that were due on May 3, 2017.
The state distribution company in the Indian state of Andhra Pradesh has issued a tender for 100MW of solar PV at the Ananthapuramu-II solar park in Talaricheruvu via an EPC contract.
Specialist semiconductor and PV equipment supplier Intevac reported first quarter 2017 financial results that included a 40% increase in new orders, driven by its largest single order in its Thin-film Equipment segment that includes its solar product offerings with a 12 system follow-on order in March for its solar ‘ENERGi’ implant tools.
Downer EDI has been awarded an EPC and O&M contract for a 148MW solar farm in Queensland by Palisade Investment Partners (Palisade) and ESCO Pacific (ESCO).
Australian energy infrastructure firm APA Group has agreed to purchase a 110MW solar plant that is currently under development near Dalby in south-western Queensland, Australia, for AU$200 million (US$150 million).
The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.
Struggling China-based PV manufacturer Yingli Green Energy has warned of delays in filing its 2016 annual report (Form 20F) with the US Securities and Exchange Commission.
