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The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.

United States power business AES Corp (NYSE: AES) on Wednesday claimed it has acquired the biggest permitted solar-plus-storage project in the US, the 2-GW Bellefield plan, in Kern County, California, from its developer, Avantus.

TrueRE Oriana Power secures EPC for a 234‑MW floating solar landmark at Maithon Dam, Jharkhand—India’s largest—powering 500 GWh yearly, cutting 400,000 tonnes CO2 with 10-year O&M and advanced mooring.

Cypress Creek secures $150 m financing and begins construction of 104 MW Ostrea Solar in Washington, creating jobs and powering up to 16 000 homes.

Canadian Solar Inc on Wednesday revealed that its CSI Energy Storage business has actually safeguarded an order to supply 363 MWh of battery energy products to Aypa Power, a Blackstone portfolio business.

The Damodar Valley Corporation (DVC) is planning to implement 1776 MW of floating solar projects in 4 of its dams in West Bengal and Jharkhand.

Subsidies can still be a vital driving force of solar adoption among reduced- as well as moderate-income (LMI) families in the US offered the reasonably high up-front cost of mounting PV systems, according to Lawrence Berkeley National Lab (Berkeley Lab).

Neoen, an independent producer of renewable energy specifically, has actually appointed its Altiplano 200 solar power plant-- a 208 MWp solar park located in the Salta district of Argentina. Altiplano will be generating 650,000 MWh of green electricity each year, equivalent to the yearly electrical energy usage of 215,000 people, said Neon.

The District Court of Dessau-Roßlau yesterday confirmed self-administered insolvency proceedings have been conducted at the German thin-film CIGS module manufacturer and a provisional administrator has been appointed.

Hydrite has completed the setup of its first on-site solar array at the firm's Visalia, California facility. The 126-kW solar PV system, finished by Kuubix Construction Group, will certainly provide roughly 16% of the location's annual power consumption.

Two European solar firms have actually revealed new acquisitions as financier The Renewables Investment Group (TRIG) protects 234MW of properties in Spain, while Greek industrial group Mytilineos has gotten 90MW in Romania.

US utilities group Duke Energy Corp (NYSE: DUK) has actually launched building and construction on a 22.6-MW solar park in North Carolina, targeting commercial procedures by end-2021.

Matrix Renewables, the TPG Rise-backed renewables platform, has actually consented to buy a 105-MW solar project in California with 80 MWh of energy storage space capacity from Recurrent Energy LLC, part of Canadian Solar Inc (NASDAQ: CSIQ).

Dallas-based dispersed generation platform Aspen Power Partners is getting 53 MW of community solar projects in Maryland and Pennsylvania from Illinois-headquartered solar developer Trajectory Energy Partners.

NorthRenew Energy's latest sale of the Arco Wind and Solar project to PacifiCorp showcases their dedication to renewable energy growth in the western states.