Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors led by Singapore-based investment company Temasek.
India reached 1,396MW of rooftop solar deployment at the end of March, with nearly half (678MW) of this installed just in the fiscal year 2016-17, according to the latest ‘India Solar Rooftop Map’ from Bridge to India.
Inverter supplier SMA America has signed off on a 10-year Master Service Agreement with Cypress Creek Renewables, under which SMA will take part in inverter preventative maintenance services for a portfolio of solar projects, primarily located in North Carolina.
India installed 5.5GW of utility-scale solar capacity in the last fiscal year and the country is expected to add another 8GW in the coming year, according to consultancy firm Bridge to India’s ‘India Solar Map’.
SMA inverters have been installed to help power up 3MW of solar in Mexico as part of a rebuilding phase for the Aura Solar I project in La Paz, Baja California.
SMA announced Tuesday that its inverters have been selected by Amec Foster Wheeler for Sempra Renewables’ 94MW Copper Mountain Solar 4 project in Boulder City, Nevada.
This week's Movers & Shakers focuses on big career moves in Germany, India and the US. SMA Americas plans a major push into the US market, the International Solar Alliance welcomes a new interim director and India's Hartek Group takes on BHEL's Jeet Chhatwal to develop innovative automated systems and procedures for day-to-day activities which further improve productivity and bring more efficiency.
Tesla will make its own inverters for use with SolarCity PV installs and its own energy storage products, according to its chairman and CEO, Elon Musk.
