German Renewables firm BayWa AG has acquired a 70% shareholding in a project pipeline of around 2GW of PV power plants from Dutch firm, GroenLeven Group.
Chinese firm CETC Renewable Energy Technology (India) is today carrying out a groundbreaking ceremony for its first phase 200MW solar cell manufacturing facility in the Indian state of Andhra Pradesh, in what the company has deemed a 'giant step forward'.
India-based renewable energy company Suzlon Group has commissioned 340MW of solar projects across Telangana (210MW), Rajasthan (60MW DCR category) and Maharashtra (70MW).
PV project operator China Smarter Energy has signed off on a deal to acquire Ningxia Guxin Electricity, a joint venture between Shanghai Guxin Asset Management and Shandong Runfeng Group.
According to European trade association SolarPower Europe, preliminary global solar installations reached 98.9GW in 2017, a 29.3% increase over the previous year and another new record.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has completed construction and started commercial operation of a 6MWp PV power project in Keetmanshoop, Namibia, its first project in Africa.
Having just reached the 100GW annual capacity level, the solar manufacturing industry must hit another 100GW within three years to meet demand, according to prominent industry figure Pierre Verlinden, who was former chief scientist of major PV manufacturer Trina Solar.
