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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Separate solar RPO queried by Indian minister

India may soon review its Renewable Purchase Obligation (RPO) mechanism to give targets more suited to the environment of each state and offer more flexibility, according to energy minister Piyush Goyal.

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Indian 500MW government rooftop auction draws lowest price of 2.20 rupees

The lowest tariff in Solar Energy Corporation of India’s (SECI) 500MW tender for rooftop solar on government buildings was INR2.20/kWh (US$0.034), according to a release of tentative prices.

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Off-grid solar reduces diesel reliance at 10 Australian indigenous communities

Ten indigenous communities in Australia are set to be powered by hybrid solar PV and diesel systems in the first phase of an AU$55 million (US$43.8 million) project.

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