Ormat Technologies, Inc., announced today that its Israeli subsidiary, Ormat Systems Ltd., has signed a Joint Venture Agreement (“JVA”) with Sunday Energy Ltd. (“Sunday”), an Israeli solar integration company, to construct and operate solar-photovoltaic (“PV”) energy systems in Israel with a total capacity of 36 megawatts (MW).

Under the JVA, Sunday will contribute the rights to all of its property and roofs required to develop solar energy systems above 1 MW to special purpose entities (“SPEs”). Ormat will own 70% of each SPE and will also have control of it. Under the terms of the agreement, Ormat and Sunday will act, jointly, as the engineering, procurement and construction (“EPC”) contractor and the operator of each project in accordance with each company share in the SPEs .

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U.S.-based First Solar has signed an agreement with the Chinese government to build the world’s largest photovoltaic power plant in Inner Mongolia. By 2019, the plant is expected to produce 2,000 megawatts of electricity, which the company said would be sufficient to power three million Chinese homes.

The deal for the 16,000-acre plant, to be located in Ordos City, solidifies China’s position as the global leader in developing renewable energy, and further boosts the prospects of First Solar, the world’s largest photovoltaic cell manufacturer.

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The number of small hydropower projects in the U.S. is increasing as utilities try to avoid concerns about the environmental impact of large dams, the Wall Street Journal reports.

The Federal Energy Regulatory Commission now has applications for 14,000 megawatts of hydropower projects — enough to power 7 million to 14 million homes — and most are located on small rivers, streams, and creeks. That figure is a 20 percent increase from two years ago.

As the number of projects grows in states such as Washington, Colorado, and Montana, environmentalists are beginning to raise objections to the small dams, which critics say can still block fish runs, interfere with whitewater rafting trips, and carve up wilderness habitat with roads, power lines, and other infrastructure.
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