Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
Two German-based PV inverter manufacturers Steca Elektronik GmbH and KOSTAL Industrie Elektrik GmbH have formed a business alliance to share technology developments in single-phase and three-phase devices and energy storage inverters.
Indian utility NTPC has invited bids for 35MW of grid-connected solar PV projects across two states, with the requirement to source domestic solar equipment.
Mississippi Power and SR Meridian, III announced Thursday that they have received unanimous approval from the Mississippi Public Service Commission for a certificate of public convenience and necessity to construct and operate a 52.5MW PV project in Lauderdale County, Mississippi.
