Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
Major PV inverter manufacturer Sungrow Power Supply Co is targeting the MENA region with its latest 3.125MW 1500VDC Turnkey Station as well as its SG125HV, the world's most powerful 1500VDC string inverter after showcasing them at the World Future Energy Summit being held at the Abu Dhabi this week.
Shell has signed an agreement to acquire a 43.83% interest stake in US solar developer Silicon Ranch Corporation from investment manager Partners Group for US$193-217 million.
The planned merger of Taiwan-based PV manufacturers Gintech Energy, Neo Solar Power (NSP) and Solartech Energy to be called United Renewable Energy Co (UREC) is to receive an investment from the Taiwan government, according to reports.
Several provincial authorities in Vietnam are developing guidelines for renewables that should improve the country’s solar market, but stubbornness from the monopoly utility EVN means that the largest-scale projects remain the preserve of big risk-takers, according to a representative of international law firm Baker McKenzie.
Australian university signs deal to become 100% renewable, IBC Solar installs 4MW rooftop project in Turkey, EBRD supports France’s Urbasolar in Kazakhstan
German-based monocrystalline PERC (Passivated Emitter Rear Cell) PV module manufacturer SolarWorld Industries is shipping a total of 60MW to Turkey-based EPC firm, Inosolar in the first half of 2018.
China-based integrated monocrystalline PV manufacturer Solargiga Energy Holdings has reported preliminary 2017 financial results, highlighting a record 57.3% increase in external product shipments.
