India’s MNRE signs grid and RE framework with Germany’s GIZ
Agreement signed between India’s Ministry of New and Renewable Energy & GIZ Germany seeks improvement of framework conditions for grid integration and renewable energies.
Ontario launches green fund with initial $298 million investment
The authorities in the Canadian province of Ontario have announced the launch of the Green Ontario Fund, with the nation’s leading PV industry body hailing the new scheme as a potential boon for future solar deployment.
ABB hits 5 GW Indian inverter supply milestone
Switzerland’s ABB has further consolidated its market presence in India’s burgeoning renewables sector, surpassing a 5 GW supply milestone. The company claims its inverters now power 40% of various solar projects across the country, whose accumulated capacity stands at 13 GW.
Prime Enerji builds two PV plants totalling 25 MW in Turkey
The projects are being developed in partnership with German EPC contractor InTEC Energy Solutions in the Turkish provinces of Denizli and Erzurum.
Panda Green posts $41.9 million profit in H1
Panda Green Energy has recorded a profit of CNY 277 million ($41.9 million) for the first half of 2017, up 7% year on year, as it expanded its aggregate installed PV capacity by 468.1 MW.
Brazilian government cancels PPAs for 249.7 MW of solar
The contracts were scrapped through an auction launched in April to cancel projects selected in reserve energy auctions held between 2014 and 2015.
Hareon posts $76.07 million net loss in H1
Hareon Solar Technology has reported a net loss of CNY 501.5 million ($76.07 million) in the first half of 2017.
Denmark’s Better Energy signs solar partnerships with Tata Power Solar and Huawei
The Danish renewable energy developer partners with the Indian solar energy company for the supply of solar modules, as well as China’s Huawei for the its inverter solutions.
Canadian Solar connects 27.3 MW PV plant in Japan
Module manufacturing heavyweight Canadian Solar today announced the start of commercial operation on a 27.3 MW PV power plant in Tottori Prefecture, Japan.
Huadian Power posts $27.5 million H1 loss
Huadian Power International (HPI) has recorded a loss attributable to shareholders of CNY 181 million ($27.5 million) in the first half, despite revenue of CNY 36,423 million, up 24% year on year.
