ADB raises $46 million for Indian PV, wind with green bonds
The Asian Development Bank has raised INR 3 billion ($46.19 million) through the issuance of rupee-linked green bonds to back the development of 709 MW of solar and wind capacity in six states in India.
ABB unveils suite of new solar inverters as part of pivot towards greater digitalization
The Swiss-headquartered power electronics company is to introduce new 100 kw and 120 kW three-phase string inverters for the C&I and large-scale markets, the new 60 kW TRIO TM and a new addition to its residential UNO-DM-PLUS range.
Sky Solar posts $3 million net profit in 2016
Net income hit $3.3 million in the 12 months to the end of December, from a net loss of $1.6 million a year earlier, although the Hong Kong-based PV independent power producer recorded a net loss of $8.7 million in the fourth quarter, from $7.4 million in the final three months of 2015.
Canadian Solar sells two PV power plants to Shenzhen Energy for $99.8 million
Canadian Solar is racking up sales in China with another two solar power plants traded for $99.8 million.
Tongwei subsidiary announces joint venture with Longi
Sichuan Yonxiang Co. Ltd, a subsidiary of Chinese industrial giants Tongwei, has announced the creation of a joint venture with Longi Green Energy Technology. The joint venture plans to build a new polysilicon production plant in Sichuan Province, China, with an annual capacity of 50,000 metric tonnes.
GCL-Poly units starts PV development venture
Suzhou GCL New Energy and GCL System Suzhou have agreed to jointly invest 200 million yuan ($29 million) in projects in China.
SunPower, Dongfang to establish 5 GW P-Series cell, module factory
The U.S. solar maker and two Chinese companies are planning to build out the massive factory in eastern China, making good on the promise to transition to the lower-cost P-Series.
Tokyo Gas, Shizen Energy launch solar development venture
The liquefied natural gas distributor and its partner plan to start jointly developing an initial 60 MW of capacity “as soon as possible,” according to an online statement.
pv magazine & partners join forces with Hannover Messe
Along with initiative partners Huawei, sonnen, Suntech, S.A.G, innogy and First Solar, pv magazine will be exhibiting as part of the Integrated Energy Plaza at the 2017 Hannover Messe. The Solar Premium exhibition space will herald solar PV’s arrival as a major energy player at the iconic industrial trade show.
NSP shifts CFO to downstream developer ahead of Hong Kong IPO
Neo Solar Power (NSP) has shifted Thomas Hsu, senior vice president and CFO, to serve as CFO of Clean Focus Yield (CFY).
