PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in January, 2017 have remained subdued and continue the trend set in the second-half of 2016.
Fears about India’s largest procurer of solar energy being unable to cope with payment defaults have been allayed by its inclusion in a payment security mechanism, according to the latest update from consultancy firm Bridge to India.
Major Indian firm Tata Power Solar, a subsidiary of the mammoth Tata Group, has become the first Indian manufacturer to achieve the 1GW milestone in terms of PV module shipments worldwide.
One of Europe’s leading tracker vendors Grupo Clavijo has expanded its footprint into Asia with the 12.56MW Solar One Ceylon solar PV plant in Sri Lanka.
Major power firm EnergyAustralia has signed a 13-year power purchase agreement (PPA) to take 80% of the energy produced by a 142MW solar PV plant near Townsville in Queensland, Australia.
Integrated PV manufacturer and project developer ReneSola will provide EPC services for 32MW worth of rooftop solar projects in Shandong, Anhui and Zheijang in China.
Doubt has been cast on the International Finance Corporation’s (IFC) ‘Scaling Solar’ programme after a panel of investors revealed it could be fostering a race to the bottom for unrealistic tariffs, diverting focus from essential bankability.
