The 50:50 JV named ‘EverSource Capital’ will manage an initial fund named the Green Growth Equity Fund (GGEF), which has the backing of the India and UK governments.
So technically, subject to approvals, California-headquartered SunPower Corp has acquired Hillsboro, Oregon-based PV manufacturer, SolarWorld Americas, yet typically there are many known unknowns regarding the acquisition.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
Australia-based perovskite solar cell developer GreatCell Solar, formerly Dyesol has recently secured European Union (EU) funding of €500,000 (approximately A$800K) through the Horizon 2020 project.
Nanoelectronics R&D organisation imec has been appointed as the lead to a three-year €5 million EU funded R&D program on perovskite solar cells that brings together a number of European research and commercial partners.
The World Bank will provide a US$50 million grant for off-grid solar systems in Yemen to improve access to electricity and vital basic services in rural and outlying urban areas.
Standard & Poor's (S&P) has lauded the early performance of the solar assets it rates, ultimately concluding that operational risk in solar is “more benign” than other renewable technologies.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it had discontinued its ingot and wafer manufacturing operations in the fourth quarter of 2017, due to the wafer operations being unprofitable.
Leading polysilicon and multicrystalline wafer producer GCL-Poly Energy Holdings is planning to build a 20GW monocrystalline silicon ingot manufacturing facility in Qujing, China.
Regulations released earlier this year halted the market for low voltage solar systems connected to the grid, but the larger consumer and the off-grid segments continue to show promise.
