Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
A new study by the International Renewable Energy Agency (IRENA) highlights the continued need to focus on balance of system (BOS) cost reductions for solar PV power plants to continue to expand as a key global renewable energy source.
Struggling integrated PV module manufacturer Yingli Green Energy met module shipment guidance and reported a small positive net income in the first quarter of 2016, the first time since the third quarter of 2011, supported by a significant reduction in operating expenses.
Indian conglomerate Adani Group has become the leading solar developer in India in terms of commissioned and pipeline capacity after winning all 100MW of solar capacity available in the latest auction from the state of Chhattisgarh, according an industry analyst.
The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for 450MW of grid-connected solar PV projects in the state of Maharashtra.
The Indian government has launched a request for proposals for renewable energy projects to tap into the multi-billion dollar Green Climate Fund (GCF).
The renewables subsidiary of India’s Tata Power will acquire Welspun Energy PTA Ltd, the clean energy arm of another major Indian company, Welspun Energy, valuing its target at 92.49 billion rupees (US$1.37 billion).
China-based integrated PV manufacturer Hareon Solar has recently signed an MOU with partners to build and operate a 160MW cell and module plant in Morocco with a total investment of around US$114 million.
