A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, explains why harm stemming from the Indian government's safeguard duty on solar cell and module imports might not be too pronounced nor too long-lived.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
China-based polysilicon and wafer producer Daqo New Energy has guided wafer sales volume down 70%, year-on-year as the caps on utility-scale and Distributed Generation (DG) solar projects in China at the end of May start impacting quarterly business results for many companies dependent on the China solar market.
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.
China-based PV energy provider (PVEP) Panda Green Energy Group said it expected to report a net loss for the first half of 2018 of around RMB 80 million (US$11.7 million).
