The European Bank of Reconstruction and Development (EBRD) will provide a senior loan of up to US$12 million on a project finance basis to Zhangiz Solar LLP for the development, construction and operation of a new PV installation.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) expects to report a loss in 2018 of approximately US$254 million, due to PV product ASP declines and impairment charges to its manufacturing operations.
Major China-based PV inverter manufacturer Sungrow Power Supply Co has confirmed that it was selected by GRIDSERVE to provide specially adapted central inverters and ESS (energy storage systems) to a subsidy-free 34.7 MW PV park being built in Hull, UK for Warrington Borough Council.
New Solar Module Super League (SMSL) member, Risen Energy has joined the National Enterprise Technology Center list of companies, qualified by the China National Development and Reform Commission, Ministry of Science and Technology, Ministry of Finance.
NextEra Resources will build a 100MW solar farm for Arkansas utility Entergy Arkansas, to include 30MW of battery energy storage, as Entergy seeks to build out solar capacity in the state.
The Philippines' first floating solar testbed to withstand typhoons is in a region that has on average 20 storms a year. It will also assess framed and frameless PV modules.
Sonnedix, a global solar independent power producer, has closed a US$283 million corporate facility, which will retire existing debt and enable further growth acceleration as Sonnedix looks to acquire and develop new projects in OECD countries.
