Azure Power Energy, a wholly owned subsidiary of Indian independent solar power producer Azure Power Global, will issue an inaugural US$500 million green bond offering, maturing in 2022.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has officially started production at its joint venture (JV) solar cell plant with Vina Solar in Vietnam as well as an unmanned module assembly pilot project in China.
China’s National Energy Administration (NEA) has released new guidance on solar installation targets as part of the current 13th Five-Year-Plan (2016-2020), after recent record first-half year install figures put doubt on whether the solar boom would continue as the original targets would be met two years ahead of expectations.
India’s Ministry of New and Renewable Energy (MNRE) has released a document clarifying the rules for state government offtake of solar park capacity, while the World Bank plans to provide US$100 million for solar park infrastructure.
Leading thin-film PV manufacturer First Solar raised both shipments and revenue expectations for 2017 after reporting net sales of US$623 million in the second quarter of 2017, down from US$892 million in the previous quarter.
The pioneer of floating solar power plants, French company Ciel & Terre (C&T) International has collaborated with Portuguese energy firm EDP (Energias de Portugal) Group to design and build the first floating solar project at an existing hydro-electric power station at a dam located at the mouth of Rabagão river in Montalegre, Portugal.
