Eskom misses deadline for financial close of outstanding PPAs

South African utility has failed to meet the deadline imposed by the country’s previous minister of energy for the financial close of outstanding PPAs under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

NV Energy files for low-cost rooftop solar alternative

NV Energy has filed for approval from the Public Utilities Commission (PUC) for a new voluntary subscription solar pricing programme that would offer non-subscribing customers a way to purchase renewable resources that cost less than rooftop solar.

GTM: US solar market poised to triple in next five years

The US solar market had its biggest year ever in 2016, nearly doubling its previous record, installing more than 14GW of solar PV. This momentum is set to continue, according to GTM Research and the Solar Energy Industries Association’s (SEIA) latest report that details how the cumulative solar market is expected to nearly triple in size.

Japanese utility JV invests in India’s ReNew Power

Japan’s Jera Co, a joint venture between Tokyo Electric Power Group (TEPCO) and the Chubu Electric Power Group, has acquired a 10% stake in Indian renewables firm ReNew Power Ventures Private Limited.