OPIC and MNRE launch $20m Indian clean energy fund
U.S. Overseas Private Investment Corporation partners with India’s Ministry for New and Renewable Energy to launch USICEF – a fund designed to spur wider public and private financing for renewable power generation in the country.
Korea’s LG CNS to build Canadian Solar’s 55 MW Japan solar farm
The project development arm of LG Group has won the contract to build the $142.55 million Japanese solar farm, which will be owned and operated by China’s Canadian Solar, with funding from Hanwha Group.
PPA signed for 14 MW rooftop PV project in Hubei Province, China
Developer ACC describes this as the largest mono rooftop array in Central China; regardless of rankings this is one very large rooftop solar plant.
Etrion repurchases €40 million in bonds
With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.
Trina Solar sets new 22.61% mono PERC efficiency record
The Chinese Tier 1 solar developer announces a new conversion efficiency for its mono-crystalline silicon PERC cell that surpasses its previous world record by a full half-percentage point.
Panasonic to supply PV modules to Tesla from Japan, Malaysia
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
Trina Solar shareholders approve deal to go private
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum, which will see it become Fortune’s subsidiary and, thus, a private company.
Huawei and BayWa r.e. partner up on procurement contract
German solar developer BayWa r.e. has signed a Global Procurement Framework Contract with Chinese technology company Huawei, for the supply of an initial target volume of 400 MW of Huawei’s inverters, as Huawei continues its expansion into various international markets.
Debates about future demand for silver in PV continue
With silver use per cell falling as demand grows, two different consultancies have given different accounts of future demand for silver in PV applications.
10 Indian states account for 90% of country’s large-scale solar, finds Mercom Capital
State-by-state analysis of India’s installed ground-mount and large-scale solar pipeline finds that the country’s solar strength is centered on just ten states.
