Canadian Solar has partnered with Israeli insurance and finance group Menora Mivachim in an effort to raise US$60 million to finance solar projects in Israel.
Norwegian firm Saga Energy has signed a preliminary agreement with Iranian state-run firm Amin Energy Developers to build solar plants requiring investment of €2.5 billion investment (US$2.9 billion) in Iran, according to a Reuters report.
PV cell and module manufacturer TSEC Corporation has signed a memorandum of understanding (MoU) with the government of Pingtung County to aid the development of up to 1GW of solar PV capacity in southern Taiwan.
Leading Taiwanese solar cell and module manufacturer Motech Industries said it was entering into a Joint Venture (JV) with metallisation paste supplier, Giga Solar Materials Corp to establish a solar module assembly plant in Taiwan to meet future domestic demand.
What a start to the PV Taiwan 2017 week! There have been some rather tame mergers and acquisitions in the solar PV industry over the years - not to mention the shuffling of zombie factories within China – but the news today that Neo Solar Power, Gintech Energy Corp., and Solartech Energy are planning to merge is worthy of far more scrutiny.
‘Silicon Module Super League’ (SMSL) member Canadian Solar is selling various interests in three solar farms in Queensland, Australia to UK-based renewables firm, Foresight Solar Fund.
As expected, three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy have officially announced plans to merge and exit the ‘foundry’ business model they were founded on.
Dubai Electricity and Water Authority (DEWA) has launched a new investment company based in Silicon Valley, California, which will have R&D and innovation in sustainability and renewable energy among its energy technology focuses.
Utility-scale solar projects and hundreds of other power projects in the Philippines are being held up by pending approvals at the Energy Regulatory Commission (ERC), a problem compounded by last week’s dismissal of ERC chairman Jose Vicente Salazar for grave misconduct related to allegations of corruption.
