Finland-based energy firm Fortum has invested €5.2 million in Exeger Sweden AB, dye-sensitized solar cell start-up to help support the launch of commercial products in 2017.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.
India-based PV module and EVA encapsulant manufacturer RenewSys India Pvt Ltd said it had started ramping its 100MW highly automated multicrystalline solar cell line at its Hyderabad facility.
At the beginning of August, major PV inverter manufacturer Sungrow Power Supply Co., raised around US$400 million in new capital via a private placement of shares with multiple Chinese banks.
Having recently revealed that ‘Silicon Module Super League’ (SMSL) member JinkoSolar had become the largest solar PV module manufacturer in 2016, PV Tech gets to grips with the key factors behind the success.
Abu Dhabi’s leading renewable energy firm Masdar has completed eight new solar PV projects in rural communities in Mauritania, doubling the amount of clean power provided to the Islamic Republic nation and powering some 39,000 homes.
The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.
Saudi Arabian power engineering firm Acwa Power and China’s Chint group have chosen EPC specialist Sterling and Wilson (S&W) to construct a 170MW solar PV facility in Morocco.