Malaysia’s 460MW solar auction heavily over-subscribed

The opening bids in Malaysia’s 460MW large-scale solar auction have shown significant over-subscription with roughly 1,632MW of submissions.

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Mercom revises India’s 2017 solar forecast to 10.5GW

Mercom has projected 10.5GW for 2017, well up from 9,812MW in its April quarterly report, and the 9,020MW projected in January.

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Sempra buys 281MW California solar project from Canadian Solar

Sempra Renewables, a unit of Sempra Energy, has acquired a 281MW solar project from Canadian Solar subsidiary, Recurrent Energy.

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Singapore solar deployment quadruples to 130MW in two years

Singapore ended Q1 2017 with 129.8MW of installed solar PV, four times more than the 33.1MW it had at the end of 2014, according to the annual energy report from Singapore’s Energy Market Authority (EMA).

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BayWa r.e. wins 5MW project in Malaysia solar auction first round

BayWa r.e. has won a 5MW solar PV project in the first round of Malaysia’s largest ever solar auction.

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IDFC Alternatives set to buy 190MW of First Solar’s India assets

The Indian arm of US-based PV developer and thin-film specialist First Solar has agreed to sell 190MW(AC) out of 200MW(AC) of its operational PV plants in India to a private equity fund represented by Indian firm IDFC Alternatives, according to a First Solar spokesperson.

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Azure Power to issue US$500 million solar green bond

Azure Power Energy, a wholly owned subsidiary of Indian independent solar power producer Azure Power Global, will issue an inaugural US$500 million green bond offering, maturing in 2022.

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New South Wales approves four-project, 275MW PV portfolio

The Department of Planning and Environment in New South Wales (NSW), Australia, has approved four new solar projects in the western portion of the state.

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Phoenix Solar enters JV for 39.5MW project in Australia

Phoenix Solar will design and procure a 39.5MW project near Perth, West Australia, as part of a new joint venture and a renewed push in the Asia-Pacific region.

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Tata Power Solar completes India’s largest solar carport at Keralan airport

Indian integrated solar firm Tata Power Solar has commissioned 2.67MW of grid-connected solar carports at Cochin International Airport in Kerala, which became the world’s first fully solar-powered airport in August 2015.

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IFC works with Sri Lanka’s largest private bank to boost green financing

IFC is partnering with the Commercial Bank of Ceylon (CBC) to help the Sri Lankan bank invest more in local companies focused on renewable energy and energy efficiency.

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