After years of not living up to its solar potential, Brazil is on the cusp of a solar boom. A confluence of factors has led to rapid investment and deployment in the country, but a few hurdles still need to be overcome, writes Sean Rai-Roche.
Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.
Newly formed solar developer AMPYR Energy USA will aim to offset lower returns from power purchase agreements (PPAs) by leveraging merchant markets to increase revenue.
Latin America-focused solar developer Atlas Renewable Energy has started operations at a 244MWp solar PV plant in Antofagasta, Chile. that will generate 714GWh annually.
Swedish renewable developer Recap Energy and Finnish investment company Korkia have signed a joint venture (JV) to develop more than 200MWp of ground-mounted solar PV projects in Sweden over the next four years.
A high court in the Indian state of Andhra Pradesh has ruled that state distribution companies (Discoms) must honour the power purchase agreements (PPA) they signed with electricity producers and settle any debts within six weeks in a move with potentially huge significance for the country’s solar sector.
Following the formation earlier this year of community solar developer and operator Reactivate, PV Tech Premium talks with the business’s head of EPC, Utopia Hill, about its strategy of partnering with smaller contractors and the challenges it could face as it bids to reach 3GW of installed capacity.
US utility company Dominion Energy Virginia has received approval from the Virginia State Corporation Commission (SCC) to expand its portfolio of solar and energy storage projects.
US utility Indiana Michigan Power (I&M) has issued a request for proposals (RFP) for 500MW of solar as part of its new integrated resource plan that calls for the addition of more than 2GW of renewables by 2028.
Trina Solar has announced that it has been awarded a 40MWac solar project in Kampong Chhnang province, central Cambodia, as part of a tender for a national solar park project launched by the country’s public utility, Electricité du Cambodge (“EDC”).
