The Philippines Competition Commission (PCC) has cleared Kepco Philippines Holdings to acquire a 38% share in Solar Philippines Calatagan Corporation (SPCC), a unit of Solar Philippines.
India's National Bank for Agriculture and Development (NABARD) and the Green Climate Fund (GCF) have sanctioned US$34.4 million support for a groundwater recharge and solar micro-irrigation project to ensure food security and enhance resilience in vulnerable tribal areas of Odisha.
Myanmar-based off-grid PV company SolarHome has raised US$10 million in debt funding from a group of international investors, including Crowdcredit from Japan and Trine from Sweden, in order to expand across Myanmar.
UPDATED: A controversial House Bill granting private Filipino firm Solar Philippines a PV mini-grid and transmission franchise across the Philippines has all but passed through Congress, with only a procedural third step left to confirm the final draft of the Bill.
SMA to supply inverters to 50MW Mali solar plant, EIB to provide US$87 million to Mexican solar, Solkompaniet completes largest solar project in West Sweden.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has lowered its full-year module shipment guidance a second time this year as business growth slows.
The largest solar cell manufacturer in Taiwan, Motech Industries has added to a major restructuring of the company with the closure of its 1.1GW solar cell manufacturing plant in Taoyuan, southern Taiwan and a 916 reduction in full-time employees by 28 January 2019.
Major PV inverter manufacturer SMA Solar Technology has lowered both its revenue and profit forecast again for 2018, citing continued ‘strong pricing pressure’ through November.