The European Bank for Reconstruction and Development (EBRD) is providing a €5.9 million loan to Macedonian state-owned electricity company ELEM to build a large-scale solar power plant on the site of a former lignite coal mine.
Aventron signs EPC contracts with Solarpack for 100MW of post-subsidy solar in Spain, EBRD and FMO back 30MW solar plant in Ukraine, NTPC gets investment approval for 160MW of solar in Uttar Pradesh.
China-based PV module manufacturer Hareon Solar Technology Co has reported that its main manufacturing subsidiary, Jiangyin Xinhui Solar Energy Co has been forced into bankruptcy liquidation, due to bad debts in the People's Court of Jiangyin City, Jiangsu Province.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has reported a consolidated loss attributable to owners of the company’s shares of approximately RMB 534 million (US$77.8 million) for the first 10-months of 2018.
Sweden-based flexible CIGS thin-film solar cell equipment supplier Midsummer has recently said it had secured a U$7 million order from US start-up, Sunflare, which has developed a new solar roof tile system that was displayed at SPI 2018.
Energy giant Shell has increased its global solar footprint with the acquisition of a 49% stake in Cleantech Solar, a Southeast Asia and India-focused solar company.
The developing post-subsidy solar market in Europe has taken another step forward with the news that UK-based investor Octopus has extended five power purchase agreements in Italy with renewable energy trader EGO Group.
