Bankrupt renewable energy developer SunEdison has sold its commercial and industrial rooftop solar PV portfolio in India to India-based solar installer Amplus Energy Solutions (Amplus Solar) for an undisclosed sum.
Leading PV manufacturing equipment supplier Meyer Burger has received an order valued at around CHF 21 million (US$22 million) from a China-based integrated PV manufacturer.
Indian firm Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has won a 30MW solar PV project with local content rules in the Indian state of Maharashtra.
Solar PV installations are expected to surpass 60GW worldwide in 2016, up from the 50.6GW deployed last year, according to the latest figures from SolarPower Europe.
The ease of due diligence on inverters and increased technical awareness among the investor community has helped ease bankability issues surrounding Chinese inverters in recent years.
Morgan Stanley has predicted a boom in solar-plus-storage in Australia, calling PV a direct substitute for grid power and warning investors that the incumbent energy industry has been slow to react to trends.
Australia’s federal government plans a third AU$1 billion reallocation of money from the Clean Energy Finance Corporation (CEFC), prompting a backlash from solar campaigners.
The US Department of Commerce has upheld its preliminary ruling that SolarCity’s Triex cells were included within the scope of the anti-dumping duties, in a memorandum dated 17 June.
Power firm CLP India, a subsidiary of CLP Holdings, and renewables firm Suzlon Group have entered into a joint venture over a 100MW solar project at Veltoor in the Indian state of Telangana.
