secondary market

Plus the case for an Indian Green Investment Bank to counter the high cost of capital.

Greencoat Capital has won the race to acquire the highly sought-after portfolio of UK solar assets developed by Canadian Solar.

The firm’s strategy is diversification across different states, off-takers and supply sources, hence a new focus on rooftop PV.

PV manufacturer Solar Frontier has set a new thin-film cell efficiency record of 22.9%.

Vortex has sold a 45% stake in its former SunEdison-built solar portfolio in the UK to Malaysia’s second-largest pension fund Kumpulan Wang Persaraan (KWAP).

Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.

Renewables and storage investment platform Constant Energy has acquired 17.5MW of operating ground-mount solar PV assets, a team of developers and operators, and a pipeline of development in Thailand from Sonnedix.

While India will hit 20GW of installed solar PV capacity this year, its annual deployment is expected to slow down to 5GW, according to consultancy firm Bridge to India, which released its latest ‘India Solar Map 2017’ today.

China-based integrated PV manufacturer ReneSola has signed an agreement to sell a 24MW portfolio of ground-mount PV projects under development in North Carolina, US, to a subsidiary of Panda Green Energy - formerly known as United Photovoltaics.

BayWa r.e. has won the O&M contract for a 153MW solar portfolio in the UK.