Softbank Vision Fund (SBVF) and GCL Group holding company have signed a memorandum of understanding (MoU) to launch a US$930 million joint venture in the Indian state of Andhra Pradesh, primarily to manufacture PV ingots, wafers, solar cells and modules.
China headquartered PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) has created a completely new business model in 2017 that provides new industrial parks a selection from a portfolio of a-Si, CIGS, GaAs and c-Si heterojunction (HJ) turnkey production lines to provide local governments access to solar technology and attract other hi-tech companies to new industrial parks.
German-based monocrystalline PERC (Passivated Emitter Rear Cell) PV module manufacturer SolarWorld Industries has filed for bankruptcy a second time in less than a year.
Orange, which already provides energy access through solar to residents in the Democratic Republic of Congo (DRC) and Madagascar, is extending its services to Burkina Faso, and further ahead in Senegal, Mali, Guinea and Côte d’Ivoire by June this year.
‘Silicon Module Super League’ (SMSL) member JA Solar has announced that its long-serving CFO, Herman Zhao has left the company, effective March 27, 2018.
Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.
ENGIE has become a primary partner of Energy Observer, the first ship in the world fully powered by hydrogen and renewable energy to make a world tour.
India-based solar independent power producer Azure Power has secured new project wins with Indian Railways and Karnataka Renewable Energy Development totalling 130MW.
