China-based independent PV power producer GCL New Energy Holdings (GCLNE) has reported preliminary full-year 2017 PV power plant operating results, which included cumulative installed capacity reaching a new record of 6GW.
The long and painful saga of SunEdison’s fall from grace would seem to be at an end after the renewables firm officially emerged from Chapter 11 bankruptcy on December 29, 2017.
Specialist PV manufacturing equipment supplier Singulus Technologies said that its major CIGS (Copper-Indium-Gallium-Diselenide) thin-film module customer in China, China National Building Materials (CNBM) had secured a minority interest in the company.
Taiwan-based merchant PV manufacturer and downstream project developer Neo Solar Power Corporation (NSP) said a Joint Venture business unit had secured syndicated loans valued at NT$5 billion (US169 million) to build PV power plants totalling 100MW in Taiwan.
Solar radiation measurement solutions provider Kipp & Zonen is being acquired by Hach, a manufacturer of measurement equipment primarily in the water sector.
Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
BP has said the promising “fundamentals” behind the current global solar market triggered it to re-enter and the petrol giant now has ambitious plans for worldwide growth.
