The European Bank for Reconstruction and Development (EBRD) has allocated financing for up to US$55 million to help pay for the construction of a 85MW PV portfolio owned by Akfen Yenilenebilir Enerji A.S. in Turkey.
PV inverter supplier Sungrow will establish a new factory in Bangalore, India, with an annual production capacity of 3GW in central and string inverters - its first manufacturing facility outside China.
China installed a total of 9.65GW of solar PV capacity in the first quarter of 2018, a 22% increase over the prior year period, according to China’s National Energy Administration (NEA).
Australia's National Energy Guarantee (NEG), which has been waived through for a final decision in August, would significantly harm the country's large-scale renewables pipeline, with just 1.5GW expected to be completed by 2025 despite the current 16GW pipeline, according to the head of the country’s solar and storage council.
Perovskite solar cell developer Oxford Photovoltaics (PV) has undertaken a new funding round, led by key investors, Statoil and Legal & General Capital.
Leading PV manufacturing equipment supplier Meyer Burger said it would appeal an initial judgment made in a Chinese court that dismissed its patent infringement lawsuit against Wuxi Shangji Automation Co over its Diamond Wire Management System (DWMS).
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development.
