First Solar’s 52MW PV plant in Jordan has a new partner going forward. Mitsubishi Corporation, through their subsidiary Diamond Generating Europe, Ltd., will operate a 35% equity share of the Shams Ma’an plant.
Struggling power electronics and PV inverter manufacturer, 3W Power/AEG Power Solutions, has won approval from shareholders and bondholders to convert its €100 million bond by issuing a new €50 million bond and a debt for equity swap for the remaining €50 million.
German solar industry trade association BSW-Solar is considering taking legal action over reforms to the German Renewable Energy Act (EEG), announced yesterday.
System provider, Petra Solar, and its partner, the Washington DC-based renewable infrastructure business group, Caspian Renewable Energy, have completed a 5MW installation in Bahrain.
A new joint venture targeting India’s PV-diesel hybrid market has been established between a US independent power producer and an Italian engineering, procurement and construction (EPC) firm.