California-based clean energy firm Vasari Energy plans to build and operate two ground-mount and two floating solar projects in Vietnam over the next two years.
According to China’s National Energy Administration (NEA), solar PV installations reached 52.83GW in 2017, up from 34.54GW in 2016, and accounting for around 50% of expected global solar demand last year.
Major China-based PV module manufacturer Risen Energy, which entered PV Tech’s Top 10 module manufacturer’s rankings for the first time in 2017, has reported that its operating income exceeded RMB 10 billion (US$1.56 billion) in 2017, a new record for the company.
The World Bank plans to make energy storage an integral part of its ‘Scaling Solar’ program, that until now has been focused purely on facilitating large-scale solar tendering, predominantly in Africa.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) was heading for a major collapse in its business profitability in 2017 but relocation compensation from a state land acquisition is expected to provide support to its profitability.
Fund manager Global Infrastructure Partners (GIP) and its co-investors have closed on their previously announced acquisition of 100% of the equity interest in renewable energy developer Equis Energy, in what is the largest renewable energy generation deal in history.
China's CETC Renewable Energy Technology Company has signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to set up a PV cell manufacturing facility in the Indian state.
The US’ two leading states in solar and energy storage, New York and California, have taken steps towards valuing the locational and time-of-use value of distributed energy resources and other states should follow, the Solar Energy Industries Association (SEIA) has said.
