Diversified Chinese enterprise Hengdian Group DMEGC Magnetics Co (DMEGC) has started construction of a new 500MW integrated monocrystalline solar cell and module plant in Hengdian, Zhejiang Province, China for subsidiary, DMEGC Solar Energy.
A consortium of Spain-based solar firm Solarpack and US company Think Energy Partners will build six PV projects totalling 100MW capacity in the Indian state of Telangana.
The International Solar Alliance (ISA), spearheaded by India, is about to take shape with Indian prime minister Narendra Modi and French president Francois Hollande due to lay a foundation stone for the new ISA headquarters in Delhi on 25 January.
India’s government has approved significant amendments to the nation’s power ‘Tariff Policy’, including increasing the Renewable Purchase Obligation (RPO) to 8% for solar energy by March 2022.
Italy’s largest utility, Enel S.p.A., has signed off on a non-binding framework agreement with Bank of China and the China Export & Credit Insurance Corporation (SINOSURE) to promote the development by Enel’s companies — especially Enel Green Power — of projects across the world, with the added help of Chinese EPC contractors and/or suppliers.
Neyveli Lignite Corporation (NLC), an Indian state-owned mining and power company, is tendering for 260MW of grid-connected solar PV capacity in two Indian states.
India’s fifth largest private sector bank YES Bank plans to list a Green Bond of up to US$500 million on The London Stock Exchange by December this year.
Solar developers AGL Energy and First Solar have completed Australia’s two largest solar PV plants at Nyngan (102MW) and Broken Hill (53MW), which included AU$166.7 million support from the Australian Renewable Energy Agency (ARENA).
