In President Trump's statement imposing a 30% import duty on all foreign made crystalline silicon solar cells and modules reference was made to renewed efforts that would be made to resolve the trade war with China over polysilicon duties on US producers, effectively locking them out of the market.
Leading fully-integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has set a strategic plan to triple monocrystalline ingot and wafer capacity to 45GW in 2020.
Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).
California-based clean energy firm Vasari Energy plans to build and operate two ground-mount and two floating solar projects in Vietnam over the next two years.
Major China-based PV module manufacturer Risen Energy, which entered PV Tech’s Top 10 module manufacturer’s rankings for the first time in 2017, has reported that its operating income exceeded RMB 10 billion (US$1.56 billion) in 2017, a new record for the company.
The World Bank plans to make energy storage an integral part of its ‘Scaling Solar’ program, that until now has been focused purely on facilitating large-scale solar tendering, predominantly in Africa.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) was heading for a major collapse in its business profitability in 2017 but relocation compensation from a state land acquisition is expected to provide support to its profitability.
Fund manager Global Infrastructure Partners (GIP) and its co-investors have closed on their previously announced acquisition of 100% of the equity interest in renewable energy developer Equis Energy, in what is the largest renewable energy generation deal in history.
