PV wet chemical processing equipment supplier RENA Technologies has been acquired by private equity firm, Equistone Partners Europe for an undisclosed sum.
The recent announcement from India’s Ministry of New & Renewable Energy (MNRE) to approve a 12GW solar scheme for central public sector undertakings (CPSUs) – crucially mandating the use of domestically sourced solar cells and modules – represents the first key step towards India finally creating a route to stimulate multi-GW expansions for new cell and module facilities.
Pakistan’s attempt to support manufacturing of solar and wind energy components through a five-year tax exemption is not enough and more incentives are needed to encourage such investments in the south Asian nation, according to the director of a local firm that is planning to set up its own domestic solar module assembly production facility.
Integrated PV module manufacturer REC Group has said it invested US$150 million in developing and rolling out into volume production a new N-type monocrystalline-based heterojunction (HJ) cell that will use Meyer Burgers ‘SmartWire’ (SWCT) cell connection technology.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp has started ramping production at its first volume manufacturing plant in Oregon, USA.
‘Solar Module Super League’ (SMSL) member Canadian Solar has surprised with an upwardly revised PV module shipment forecast for the fourth quarter of 2018.
India has approved a 12GW solar scheme for central public sector undertakings (CPSUs), which are state-owned enterprises, and it includes a requirement to source cells and modules locally.
ROTH Capital Partners has become increasingly bullish on a strong rebound in global solar demand in 2019, led by competitive pricing dynamics with other energy sources and increasing optimism that China will provide good subsidy support for solar in 2019 and onwards.
The Indian state of Tamil Nadu is planning to be an international climate leader for emerging economies by 2023 through its new target of 9GW of solar PV by the same year.
The PV CellTech 2019 meeting takes place in Penang, Malaysia on 12-13 March 2019. Going into its fourth year, PV CellTech has firmly become the key event for all CTOs and heads-of-R&D.
