Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
Taiwan-based cell and module producer Neo Solar Power (NSP) has sold the former solar cell and module assembly plant of DelSolar to specialist semiconductor manufacturer Maxchip Electronics for around NT$1,252 million (US$41.1 million).
Major US EPC firm Swinerton Renewable Energy (SRE) has launched a new website that focuses on its many employees working in the solar industry rather than the installations, typical across the industry.
Major metallization paste producer Heraeus Photovoltaics said it had lost a patent case against Taiwan-based Giga Solar in the Taiwanese Intellectual Property Court but noted it was reviewing the findings before deciding on an appeal.
ReneSola has been awarded 5MW of agricultural PV projects in Thailand, Vonovia and E.ON are to install 2.2MW of solar systems in Dresden, Redavia has opened a Ghana office.
London-headquartered investment firm Foresight Group has acquired the 7.2MW Vale Matanças solar farm in Alcácer do Sal, Portugal, developed by Exus Management Partners.