The U.S. International Trade Commission decided late tonight to move forward under Section 201 of the Trade Act of 1974 to investigate whether the bankrupt module maker deserves protection from its Chinese competitors.
Hong Kong-listed PV developer GCL New Energy has agreed to sell 320 MW of solar panels to China Resources Leasing for CNY 148.5 million ($21.5 million), as part of supply arrangements for the first 40 MW phase of a planned PV array in Zhanjiang, in China’s Guangdong province.
The world’s largest floating PV power plant, with the capacity of 40 MW is now connected to the grid.
Subsidiaries of GCL New Energy Holdings have selected Xi’an Datang Electric Power Design and Research Institute to provide EPC services for 165 MW of solar capacity at three sites in China.
The Chinese energy group’s external sales of polysilicon fell about 43.4% year on year to 1,896 metric tons (MT) in the January-March period.
State Power Investment Corp. (SPIC) — one of China’s top five state-owned electricity producers — has named China Sunergy (Nanjing) as one of its qualified multicrystalline PV module suppliers.
The Chinese solar investment group said that in aggregate, its PV plants generated roughly 374.7 GWh of electricity in the first four months of 2017, up approximately 87.5% year on year.
Neo Solar Power has posted a net loss of NT$1.3 billion ($43.7 million) for the first quarter of 2017, as weak demand in China weighed on orders.
A unit of the Chinese solar investment and development group will acquire a 100% equity interest in China New Energy Holdings, as part of a complex deal involving solar, wind and hydropower assets.
Global issuance soared 60% year on year to $113 billion in 2016, with Chinese and Indian banks playing a critical role in driving growth by issuing debt securities to back the development of PV projects and other climate-related initiatives, Fitch Ratings said in a recent report. The total value of outstanding green bonds had reached $280 billion by the end of March 2017.
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