The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
The Karnataka Electricity Regulatory Commission (KERC) has reduced the benchmark tariff for grid-connected utility-scale solar in the Indian state from INR6.51/kWh (US$0.101) to INR4.36/kWh (US$0.068).
As part of India’s Green Energy Corridor scheme, the Ministry of Power has proposed setting up a host of Renewable Energy Management Centres (REMCs) across the country to help integrate renewables as their penetration increases.
Global clean energy investment in the first quarter of 2017 was down 17% compared to Q1 2016, as market leaders China and the US scaled back support for wind and solar farms.
Indian solar tariffs reached yet another new low yesterday with the Indian arm of French clean energy firm Solairedirect winning 250MW(ac) of capacity in Andhra Pradesh with a record bid of INR 3.15/kWh (US$0.0494).
Amaranto has launched an investment vehicle dedicated to acquiring PV projects in India and has secured exclusive rights to purchase a 110MW solar project in the West of the country for around US$80 million.
News in Brief: Portland, Oregon pledges 100% renewable energy by 2050, India's BHEL implements a 2MW rooftop array with the Indian Railway and Unisource Energy completes a 5MW solar array in Arizona, dedicated to a long-term employee.
India added 5,526MW of solar PV capacity in the fiscal year 2016/17, up 83% on the previous year, according to new figures from the Ministry of New and Renewable Energy (MNRE).
In this week's Movers & Shakers segment, PV Tech focuses in solar jobs in the US, with the UK's Lightsource embarking on its pilot expansion into North America, and Panasonic's Coronal Energy likewise strengthening its North American operations with new strategic leaders. An early-stage investor exits India's Azure Power and The Solar Foundation launches a new online career platform, in other news.
