The Green Climate Fund (GCF) will provide a US$50 million loan and a US$2.5 million grant to the African Development Bank to support 100MW of -
primarily solar - projects under Zambia’s Renewable Energy Financing Framework.
Specialist solar PV equipment supplier centrotherm International’s woes have multiplied in the second-half of 2017 as the company plans to liquidate a segment of its polysilicon equipment and engineering subsidiary, SiTec GmbH and deconsolidate the entire subsidiary.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported preliminary unaudited ‘express’ 2017 financial results, highlighting revenue growth to record levels in the fourth quarter and the return to profitability.
The Indian Solar Manufacturers Association (ISMA) has withdrawn its anti-dumping petition regarding PV imports from China, Taiwan and Malaysia, but intends to put in a fresh petition to strengthen its case.
News from Hevel, a Solaria lawsuit, US$100m for solar from the Green Climate Fund, more Japanese finance for Canadian Solar and a new home for Intersolar India.
Major PV module materials and N-type mono IBC (Interdigitated Back Contact) bifacial module manufacturer Jolywood has reported preliminary unaudited 2017 financial results, posting an increase in revenue of 133.68%.
Major China-based PV inverter manufacturer Sungrow Power Supply Co has reported preliminary unaudited revenue for 2017, which surpasses European rival, SMA Solar Technology’s revenue figures for the first time.
The WTO's Dispute Settlement Body (DSB) has granted India’s request for the establishment of a panel to determine whether India complied with the previous ruling against its Domestic Content Requirement (DCR) for solar cells and modules.
Solar PV manufacturer SolarWorld Americas said it had been given a US$5 million loan to support a return to full manufacturing capacity, which would add around 200 jobs, sometime in the third quarter of 2018.