Renewable energy developers SkyPower and Renew Power are involved in legal disputes with the distribution company (Discom) of the Indian state of Madhya Pradesh over solar project deadlines and PPAs, while SkyPower has also claimed to have successfully brought into operation its first ever project in the state.
China-based integrated PV manufacturer ReneSola has signed an agreement to sell a 24MW portfolio of ground-mount PV projects under development in North Carolina, US, to a subsidiary of Panda Green Energy - formerly known as United Photovoltaics.
India’s Directorate General of Anti-Dumping & Allied Duties (DGAD) has extended deadline for filing responses for its anti-dumping investigation into imports for solar cells and modules from China, Taiwan and Malaysia, due to requests from various stakeholders as well as attorneys from some exporters.
Thai energy and waste management firm Padaeng Industry (PDI) has acquired a portfolio of six operational solar PV farms in Thailand with a combined capacity of 30MW from Armstrong Asset Management and Dragon Capital for a total of THB1.3 billion (US$39 million).
Sembcorp Industries’ wholly-owned subsidiary Sembcorp Utilities has agreed to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14.1 billion (US$220 million).
‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology and the leading fully-integrated high-efficiency monocrystalline module manufacturer, reported first half 2017 revenue slightly down from the prior year period as a result of average selling price (ASP) declines, partially offset by product shipment growth.