Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors led by Singapore-based investment company Temasek.
Leading PV manufacturing equipment supplier Meyer Burger has secured orders worth around CHF 22 million (US$23.2 million) from an existing customer in Asia for its PERC (Passivated Emitter Rear Cell) technology.
Australian media baron Rupert Murdoch’s son James is one of two new independent board directors at Tesla, while the EV, tech and energy storage maker confirmed that former SolarCity CTO Peter Rive is leaving the company.
Mobisol has secured funding from Finnfund for its East Africa expansion, CEFC's investment commitments more than doubled last fiscal year, Acciona is supplying renewable energy to Latin America's largest retail store chain, Sungrow has supplied inverters and an energy storage system to the Bahamas.
The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.
A basket of publicly-listed solar cell and module manufacturers on the Taiwan Stock Exchange (TSE) continued to experience a recovery in sales in June as China reaches a peak in utility-scale projects under the 2017 feed-in tariff and benefit from fears over the US ITC ‘Section 201’ case and the potential impact of higher module duties in 2018.
Up to 100 solar PV firms in Japan could face bankruptcy this year, with more than double the number of firms going bust in the first half of this year than the same period in 2016.
