The fund can deploy a total of US$2 billion in funding, according to the company. It will be spearheaded by Actis' head of infrastructure Glen Matsumoto.
‘Solar Module Super League’ (SMSL) member, Canadian Solar plans to increase module assembly capacity to 12,220MW in 2019, an increase of 1,000MW on strong demand.
The Sol del Desierto solar plant in Antofagasta region, set to be operational by January 2022, will help Chile transition off coal and reach its goal of being carbon neutral by 2050.
China-based polysilicon producer Daqo New Energy Corp has been impacted by weaker than expected financial results for the second quarter of 2019, due to the lack of demand in China and record low polysilicon prices.
Leading PV manufacturing equipment supplier Meyer Burger Technology is seeking a new business model with integrated PV module manufacturer, REC Group to establish revenue share from establishing multiple gigawatts of heterojunction (HJT) solar cell and module production in Singapore.
Rocío Nahle uses opening of 162MWp La Orejana to call for set-up of complete solar supply chain in Mexico, to ensure country fully capitalises on renewable growth.
‘Solar Module Super League’ (SMSL) member, Q CELLS scored a 91% bankability rating in the latest Bloomberg New Energy Finance (BloombergNEF) latest Solar Module & Inverter Bankability 2019 report.
Innergex's Phoebe Solar project in western Texas will be one of the largest solar farms in the US, with 250MW capacity split between Shell Energy North America and the merchant market.
C&I systems can already hit grid parity without need for government money across all major urban centres but profitability is mixed on a region-by-region basis, researchers say.
