Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
Aiming to make its local solar manufacturers competitive on the global stage, the Indian government has proposed direct financial support of INR110 billion (US$1.7 billion) and a 12GW allocation of public sector tenders mandated to include locally sourced PV equipment.
Vortex has sold a 45% stake in its former SunEdison-built solar portfolio in the UK to Malaysia’s second-largest pension fund Kumpulan Wang Persaraan (KWAP).
The South Korea Ministry of Trade, Industry and Energy has announced its 8th long-term plan for electricity supply and demand, including environmental and safety factors, stable power supply and economic efficiency.
Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Indian energy giant Tata Power, has commissioned a 100MW solar plant at the Pavagada Solar Park in Karnataka.
A subsidiary of PV equipment supplier Amtech Systems has received a follow-on order for three next generation solar Atomic Layer Deposition (ALD) systems.
BP has said the promising “fundamentals” behind the current global solar market triggered it to re-enter and the petrol giant now has ambitious plans for worldwide growth.