State-owned coal producer Coal India Limited (CIL) has secured a contract worth INR28.3 billion (US$296 million) to develop a 600MW PV project at the Jalaun Solar Park in the northern state of Uttar Pradesh, India.
India's MNRE has urged the power regulator to retain separate 'Deviation Settlement Mechanism' rules for solar and wind projects to protect them against increased financial risks.
A 1GW concentrated solar-PV hybrid complex built by China Three Gorges Corporation in Hami, Xinjiang has completed commissioning and entered commercial trial operation.
Canadian independent power producer (IPP) Boralex and its Swiss investor partner, Energy Infrastructure Partners, have secured €1.45 billion (US$1.65 billion) in financing to support Boralex's renewable energy business in France.