Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
Independent power producer Nexif Energy has secured a ten-year power supply agreement (PSA) for a 75MWp solar plant to be constructed in the Philippines.
China’s solar module market has returned from its National Day festival to yet another surge in module prices, which are now standing at two-year highs. PV Tech’s Carrie Xiao analyses the impacts of this most recent price increase as the industry steadies itself once again.
A subsidiary of Indian conglomerate Reliance Industries has acquired solar module manufacturer REC Group and a 40% stake in EPC and O&M solutions provider Sterling and Wilson.
The Indian government is reportedly either considering a delay to its customs duty on imported solar products or allowing domestic projects to push back deadlines in light of uncertainty from Chinese suppliers, the country’s renewable energy minister, RK Singh, told the Economic Times.
A leading Australian barrister and former head of the Law Council of Australia has said the federal government’s plans to invest public money into fossil fuel production could be illegal, is open to serious legal challenge and is “at odds” with the purpose of the Australian Renewable Energy Agency (ARENA).
Indian renewable energy company Adani Green Energy has completed its acquisition of a 5GW renewable portfolio from SB Energy India, including more than 4GW of solar power.
Independent power producer (IPP) Total Eren has enlisted asset management software provider Inaccess to monitor the operation of several of its solar PV plants in Argentina, Australia, Brazil, and Kazakhstan.
Iberdrola Australia has committed to building a 245MW solar project near Narrandera, New South Wales (NSW) after recently acquiring the project from RES.