Solar Markets & Finance News

Maldives’ Ministry of Environment and ADB are planning to deploy hybrid power stations throughout 48 isles in order to minimize dependence on high-cost and carbon-emitting diesel-based power grids.

Sonnedix has raised funds for its Puerto Rican photovoltaic projects, as part of the goal to deploy green power on the isle after considerable damages caused by Hurricane Maria two years ago.

Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption

The Abu Dhabi Fund for Development will support half a dozen megawatt scale projects featuring solar in the Caribbean and Africa. In addition to around 42.5 MW of new solar capacity, the fund will also back the development of energy storage, waste-to-energy and biogas facilities.

U.S. trade officials are preparing a midterm review of the Trump administration’s solar tariffs, with a range of potential outcomes.

Specialist PV manufacturing equipment supplier Singulus Technologies has received a new order for CIGS thin film processing tools from existing customer, China National Building Materials (CNBM).

The easing of economic tensions between the US and China is set to throw a lifeline to the solar industry, bringing some respite to the sector after years of back-and-forth trade tariffs and levies.

Power Ledger has acquired a photovoltaic power plant in Western Australia with a capacity of 250 kilowatts, where it will implement its new product – PPA Vision. The system allows managing and settling energy transactions to make them more transparent.

The heavily-indebted, Chinese state-owned solar project developer now has ten days to rustle up $242 million after a debt restructuring proposal was accepted by less than a third of its creditors.

Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC).

The Indore Development Limited (ISCDL) has issued a tender seeking consultant for 100 MW solar plants at various locations.

NTPC Ltd has issued a tender for undertaking the O&M services for its 50 MW solar power project in Madhya Pradesh for a period of 1 year.

SECI has issued an RfS for the selection of SPDs for setting up of 4 MW floating solar project with a 2 MW/1MWh BESS at the Kalpong Dam in North Andaman.

China’s Sungrow Power Supply Co Ltd (SHE:300274) on Tuesday announced two contracts to supply residential, commercial and industrial inverter solutions for projects in Dubai, the United Arab Emirates and Egypt with a total capacity of 200 MW.