Up to 100 solar PV firms in Japan could face bankruptcy this year, with more than double the number of firms going bust in the first half of this year than the same period in 2016.
More than 80GW of solar PV will be installed just in 2017, despite a slowdown in annual demand growth, according to the latest ‘Global Solar Demand Monitor Q2 2017’ from GTM Research.
The deployment of renewables does not have a negative impact on the grid, according to a draft of the report commissioned by US energy secretary Rick Perry.
London-based investment company InfraRed Capital Partners announced that it has signed off on a US$34.5 million investment deal for two greenfield solar PV projects in Northern Mexico.
Mondragon Assembly Solar, a division of Spain-based Mondragon Assembly Group has secured multiple new turnkey assembly and automated assembly equipment orders from Algeria, Egypt, and China in June.
China-based integrated PV manufacturer Renesola has appointed a third-party financial and legal firms to provide advise on the proposal by its chairman and CEO, Xianshou Li to purchase the PV manufacturing and LED distribution businesses so the company can move completely downstream.
A Dutch consortium of government agencies, R&D facilities and solar companies have launched two of four pilot floating solar projects on the Slufter on the Maasvlakte, a water region used for contaminated harbour dredging sludge.
Imported inverters could even be subject to an extra International GST tax, while an MNRE official told Mercom that there would be a 5% increase in solar project costs.
