Sharp Solar Solution Asia (SSSA) has concluded an agreement with the Fuyo General Lease Co. to establish a joint venture company, S-Solar Generation Thailand, which will sell electricity in the Thai market. This is the first time that the Sharp Corporation or one of its subsidiaries has entered the business of selling power to private companies. Under a PPA, companies signing a contract with the new joint venture will be able to have a solar power system installed with zero initial investment and subsequently use solar-generated power at a reduced rate.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
Construction risks may have escalated post-COVID and challenges around power purchase agreements (PPAs) remain, however banks in Asia remain committed to lending to solar projects.
Renewables solutions provider Crossover Energy Partners is to oversee the development and operation of clean energy projects alongside investment firm KKR as part of a new collaboration between the companies announced today (30 June).
South Carolina’s Public Service Commission (PSC) rejected Duke Energy’s Integrated Resource Plan (IRP) for the Carolinas because of poorly made assumptions
A round-up of the latest project news, featuring Lightsource BP’s first Spanish project to begin operations, Risen’s module supply partnership with the US Mammoth Solar project, and the establishment of an 800MW pipeline in Latin America
Risen Energy has announced that its US subsidiary, Risen Energy America Inc, and Global Energy Generation LLC (Doral LLC), a leading developer of renewable energy projects, primarily in the Midwest and Mid-Atlantic regions, have signed a 480MW high-efficiency bi-facial module supply agreement for the first phase of the Mammoth Solar project in Indiana.
