Financial & Legal

Independent PV power producer, GCL New Energy (GNE), a division of GCL-Poly is selling a 70% shareholding in 19 PV power plants with an installed capacity of approximately 977MW for RMB 1.74 billion (US$251.5 million).

TXU Energy lands US$472.6m contract to power public buildings in Texas’ third city through clean energy, with plans to deploy pipeline in state’s north.

Developer signs 25-year agreement with retailer Boulanger Group for first 5MW of solar PV, with plans to add further renewable plants in the future.

Monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) is continuing to expand wafer capacity and implement Industry 4.0 strategies as supply remains tight as the solar industry migrates to p-Type and n-Type technologies in 2019.

Renewable agency MASEN picks consortium for ~US$2.3bn project combining PV, storage and CSP in bid to benefit from ‘spectacular’ PV cost declines.

Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.

German investor eyes turnover of €340m as it buys stake in Thessaloniki-based Maximus Terra, the developer of 200MW solar PV pipeline.

China-based polysilicon producer Daqo New Energy is upgrading CVD chambers and debottlenecking to enable mono-grade polysilicon production to account for approximately 80% of capacity, due to strong demand and higher ASPs, compared multi-grade polysilicon.

Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.

Development duo share plans for US$41m of debt to back 55MW project in Gegharkunik province, to be built by Dutch-Spanish consortium.