US-headquartered high-efficiency PV module producer SunPower Corp has concluded the sale of its US residential lease portfolio with a subsidiary of Hannon Armstrong as the company sells assets to improve its balance sheet.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has agreed to take full control of Huajun International Group’s PV manufacturing operations (Huajun Power Technology (Jiangsu) Co), as part of a cooperation framework agreement that would last for three years.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar is expecting to lower its capital expenditure (capex) in 2019 after almost tripling in-house capacity (ingot/wafer, cell and module), since 2015.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar has reported record PV module shipments in the third quarter of 2018, while slightly lowering full-year shipment guidance.
While Filipino policymakers ponder a controversial bill that would allow a solar company to set up a micro-grid and transmission franchise aiming to improve power supply across the country, a small town on the island of Mindoro is already enjoying round-the-clock electricity for the first time ever.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has lowered its full-year 2018 revenue guidance for a second time, citing a closer focus on profitability through PV power plant project selection and manufacturing cost and capacity expansion controls.
A consortium of Saudi-based developer ACWA Power and contractor AlGihaz have closed financing of the SAR1.2 billion (US$319 million) Sakaka solar project standing at 300MW in Al Jouf, Saudi Arabia, a project that attracted headlines across the world last year after the government chose ACWA Power despite Masdar putting in the lowest ever solar bid.
The new chairperson of the Philippines Energy Regulatory Commission (ERC) has showed clear intention to solve the huge build-up of pending approvals of power projects, in what she dubbed as the ‘Zero Backlog Program’.
