The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
Leading PV inverter manufacturer SMA Solar Technology has guided 2016 revenue to be flat with the prior year as key global markets continue to be price sensitive, driven by utility-scale PV market sectors.
Two new PV installations have officially commenced operations in the Philippines — a 50.7MW TSPP site near Tarlac City and a 6.23MW diesel replacement plant in Mindanao.
In a narrow 3-to-2 vote, the California Public Utilities Commission (CPUC) made the motion to extend net metering for rooftop solar in the Golden State.
PV module lamination equipment specialist Bürkle has secured an order from India-based PV module manufacturer and project developer, Emmvee Photovoltaic Power for two of its high-volume multi-opening Ypsator 2022-6 SL laminators.
The Indian state of Uttarakhand has invited expressions of interest for setting up 44MW of grid-connected rooftop solar PV and small-scale solar capacity in the state.
China-based PV energy provider (PVEP) United Photovoltaics Group has transferred its deal with Hareon Solar to build 930MW of PV power plants to third parties in exchange for recouping its initial deposit and interest and expenses, while dropping its case in an arbitration court.
Spain’s Court of Arbitration has ruled against two companies who filed a lawsuit against the Kingdom of Spain over reforms to the PV sector made in 2010, according to a statement from the Spanish Ministry of Industry.
