Developer's plan to ensure projects can tap into 30% ITC rate before it tapers follows similar move by installer SunPower, which bought 200MW of panels this week.
The fund can deploy a total of US$2 billion in funding, according to the company. It will be spearheaded by Actis' head of infrastructure Glen Matsumoto.
SunPower has installed 2.6MW of PV projects at eight Whole Foods Market locations across both California and Nevada, with one site combining with an integrated storage system.
Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.
Module selection for utility-scale solar sites in 2019 is likely to see the widespread availability of higher performance products with average selling prices significantly lower than witnessed over the past 12-18 months. So what does this mean for EPCs and developers? Finlay Colville reveals all.
Hanwha Q CELLS became the latest company to make a gigawatt-scale manufacturing commitment in the States but Trump has some way to go to make US solar manufacturing great again.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
AES Distributed Energy (AES DE), a subsidiary of AES Corporation, and nonprofit transmission firm Kauai Island Utility Cooperative (KIUC) have broken ground on a 28MW solar and 100MWh five-hour duration battery energy storage system in Kauai, Hawaii.
SunPower modules power three solar carports in Grenoble, Pars Lian completes 4MW solar project in Iran, Voltalia starts constructing 5MW project in France.