A joint venture between Sol Systems and financial services firm Nationwide has completed the purchase of 148MW of US solar assets from Cypress Creek Renewables.
First Solar has claimed its 141MW Luz del Norte solar project is the “world’s first” utility-scale solar facility licensed to provide ancillary grid services commercially.
A strong rebound of utility-scale solar installations in India is not expected until 2021, with just 2.5GW expected to be deployed in the second half of this year, research from JMK Research & Analytics has found.
Azure Power’s project commissioning activity ground to a halt in the three months ended 30 June 2020, as the impacts of COVID-19 were felt strongly in India.
Oil and gas majors moving aggressively into renewables must build and not buy their way in, or their contribution to global carbon reduction efforts will be significantly limited, RWE’s CFO Markus Krebber has said.
Duke Energy is considering additional investments in solar projects in Florida and the Carolinas as it reels from a US$1.6 billion expense related to the cancellation of the Atlantic Coast Pipeline (ACP).
