CdTe thin-film producer and project developer First Solar has signed an agreement with US-based solar project developer Strata Solar for the supply of 400MW of First Solar’s advanced thin film PV modules.
PV laser technology equipment specialist InnoLas Solutions has received a major follow-on order for its ILS-TT high throughput laser machines for Passivated Emitter Rear Cell (PERC) technology.
India-based project developer ACME Solar Holdings has won the highest capacity of projects in yesterday’s solar auction in Uttarakhand with four projects totalling 50MW combined out of the 171MW awarded.
PV solar system provider First Solar has installed approximately half of its 141MW Luz del Norte solar project in Chile, as the first two blocks of the project have been connected to the country’s central grid.
All the winning bids in the latest 170MW Indian state solar auction in Uttarakhand have remained below the INR6/kWh (US$0.09) tariff, despite several bankers commenting on previous auctions that only prices of INR6-6.5 per unit would be workable given India’s market conditions.
Germany’s electricity network could cope with the addition of “huge amounts” of solar-plus-storage being added to it and in fact benefit from the storage, but policy changes might be required to enable that scenario.
India’s energy ministry has amended its invitation for state-owned corporations (CPSUs) to set up 1GW of solar PV plants across India, by bringing forward its funding timelines.
Leading Silicon Module Super League (SMSL) member Trina Solar has signed several strategic financing agreements with CITIC bank totalling over US$1.57 billion for a five-year period.
The largest polysilicon producer GCL-Poly Energy Holdings has secured approximately US$110 million from a new corporate bond from qualified investors in China.
Quercus Assets Selection, an investment company focusing on renewable energy, has announced plans to start two renewable energy infrastructure funds — growing its total funding portfolio to five.