Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported a record conversion efficiency for a P-type monocrystalline PERC (Passivated Emitter Rear Cell) solar cell of 22.78% and verified by the Chinese Academy of Science Testing Laboratory.
Remedies that drive up the cost of deploying solar power in the US would jeopardise the ability of Puerto Rico to rebuild its power infrastructure, Senator-at-large Eduardo Bhatia has warned.
International solar PV systems integrator Phoenix Solar has lowered its full-year revenue guidance a second time but added a profit warning as delays in project approvals increase due to the US ITC ‘Section 201’ trade case creating market uncertainty.
US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
Private equity fund SoftBank Vision Fund has officially signed a memorandum of understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
Investment company Hannon Armstrong has issued US$163.75 million in green bonds to support an extensive portfolio of PV projects located across the US.
US residential solar PV and energy storage installer Sunrun has secured a US$244.5 million of senior secured credit facilities from a syndicate of lenders for future growth.
PV inverter manufacturer KACO new energy said it has secured orders totalling 550MW in the third quarter of 2017 with cumulative sales so far in 2017 of around 1.95GW, marking orders almost 70% the prior year period.
China-based PV module manufacturer Risen Energy said that its latest module technology using multicrystalline half-cut cells with peak power output of 340-345W (72-cell), have achieved ‘Top Runner’ first-class certification by the China Quality Certification Centre (CQC) and shipments to projects have started.
Brazilian bank Banco do Nordeste announced that it will provide financing for a portfolio of PV projects in Brazil that boast a combined generation capacity of 482MW.
