GCL System Integration has bought a 51% stake in One Stop Warehouse, an Australian wholesale distributor of solar products, claiming it has been partly pushed by anti-dumping rules affecting its module supply business in Europe and the US.
The New Development Bank (NDB), a China-led multilateral development bank formed by the BRICS nations, has sanctioned a US$250 million loan for a renewable energy scheme in India, according to a senior government figure.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has been advised to step up its activities in solar energy by minister of heavy industries and public enterprises Anant Geete.
Australia’s Clean Energy Finance Corporation (CEFC) and infrastructure manager Palisade Investment Partners have announced a new strategy to attract investors at an early stage of renewable energy project development.
The Australian Renewable Energy Agency (ARENA) is providing AU$17 million (US$13 million) funding for nine renewable energy research and development projects looking at energy storage and solar PV among other technologies.
Domestic developers triumphed in Karnataka’s 500MW solar auction, maintaining the market’s fiercely competitive tariff levels with winning bids between INR4.78-4.8/kWh (US$0.072) for capacity in the Pavagada Solar Park in Tumkur District.
Canadian PV company SkyPower is searching for partners for its projects in India and will begin constructing them in Fall 2016 and has denied a report suggesting it could exit the country, according to Reuters.
Market research firm Lux Research believes the commercial deployment of perovskite solar cells could just be around the corner, according to a new published report.
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