India-based renewables developer ReNew Power Ventures will receive up to US$250 million of debt financing from Overseas Private Investment Corporation (OPIC), the US government's development finance institution, to help construct 400MW of solar PV projects in India.
Former major PV equipment provider, GT Advanced Technologies (GTAT) has successfully emerged from chapter 11 bankruptcy in the District of New Hampshire, US after seeking protection in October, 2014.
When Jan Marc Luchies from Tempress Systems (Amtech Systems) took to the stage last week – on the second day of the inaugural PVCellTech conference in Kuala Lumpur on 17 March 2016 – equipment supplier Amtech Systems capitalized on this platform with a press release to highlight a sharp uptick in new order intake for its PV operations over the past two months, taking the company’s solar bookings to approximately US$50 million since October 2015.
Puerto Rico’s financially troubled electric power authority PREPA will install a large-scale battery park at a 10MW PV farm, to help integrate the farm’s output and other renewables.
A solar auction in the Indian state of Rajasthan has seen the lowest bids so far in the Domestic Content Requirement (DCR) category, which requires project developers to source solar equipment from local manufacturers.
Solar capacity auctioned last night in the Indian state of Jharkhand saw significant contrasts in bids received for the smaller-scale sub-25MW category when compared to the larger utility-scale segment, with indian developer Renew Power winning big.
SolarWorld has attributed a “low” probability to a negative outcome in its ongoing lawsuit with Hemlock Semiconductor in its 2015 annual report. Its release comes one day after Hemlock filed for summary judgement in the case.
The government of Argentinian province La Rioja has signed a letter of intent with German firm Photovoltaic Park to develop three solar parks with a combined capacity of 700MW in separate parts of the province costing US$1.4 billion overall.
