Renewable energy developers SkyPower and Renew Power are involved in legal disputes with the distribution company (Discom) of the Indian state of Madhya Pradesh over solar project deadlines and PPAs, while SkyPower has also claimed to have successfully brought into operation its first ever project in the state.
Taiwan-based PV cell and module manufacturer Motech Industries plans to deploy 400MW of solar in Pingtung County in southern Taiwan, according to a company executive, while it is also in early talks with other cell makers about setting up a module factory.
Sembcorp Industries’ wholly-owned subsidiary Sembcorp Utilities has agreed to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14.1 billion (US$220 million).
‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology and the leading fully-integrated high-efficiency monocrystalline module manufacturer, reported first half 2017 revenue slightly down from the prior year period as a result of average selling price (ASP) declines, partially offset by product shipment growth.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings reported lower revenue and profits than expected in the first half of 2017, primarily due to wafer price erosion, only partially offset by higher wafer production volumes and stable polysilicon prices.
Goldman Sachs-backed rooftop solar specialist Asian Clean Capital (ACC) is partnering Chinese metal cladding firm CENTER International Group Company to co-develop a 200MW solar pipeline in China.