Saudi Arabian developer ACWA Power has signed a US$125 million facility that will serve as a funding source to support the growth of its green energy portfolio.
A round-up of the latest solar manufacturing capacity announcements in China continued unabated during the festive season, leading up to the beginning of 2021
Meyer Burger has been pledged a total of €22.5 million in regional German government grants when the company starts ramping volume production capacity to 1.4GW for its heterojunction (HJ) solar cell and module assembly.
‘Solar Module Super League’ (SMSL) member Trina Solar has signed an agreement with the Yancheng Economic Development Zone. Jiangsu Province, China to build an 8.5GW advanced solar cell plant at a cost of approximately RMB 3.0 billion (US$460 million).
China-based polysilicon producer, Daqo New Energy Corp has secured near-term polysilicon supply deals with SMSL (Solar Module Super League) member, JA Solar and an unidentified existing customer that means it is sold out until a new polysilicon plant is built and operational sometime in 2022.
Major PV inverter manufacturer SMA Solar Technology said it would be supplying around 1.6GW of central inverters to PV power plant projects in Australia in 2020, accounting for a market share of approximately 65 percent of a total of 6.5GW being deployed.
A small automation and composites manufacturer, Fujian Haiyuan Composite Material Technology Co (ST Haiyuan) has entered into a framework agreement with Jiangsu Gaoyou Economic Development Zone in Gaoyou City, Jiangsu province China to build a 10GW high-efficiency solar cell and module assembly plant at cost of around US$1.6 billion.