Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has sold a 10% share in its planned 60,000MT polysilicon plant in Xinjiang, China for around US$22 million (RMB 150 million) to monocrystalline wafer producer Tianjin Zhonghuan Semiconductor Co.
India is reaching out to its renewables R&D contributors to create a roadmap, Dominion has purchased a solar power system in Virginia, TerraForm Power has an extension to regain compliance with its Nasdaq listing.
Sandeep Nath, CMO, Shri Shakti Alternative Energy Ltd, an India-based company that offers specialized Solar O&M Solutions and diagnostic services, discusses how to approach acquiring plants from an O&M perspective.
Enel Green Power’s a-Si thin-film module manufacturing subsidiary, 3SUN is hoping to obtain a €14.1 million grant from Italy’s national agency for attracting investment and enterprise development, Invitalia to support the purchase of heterojunction (HJ) solar cell tools to switch production to the higher efficiency silicon technology.
India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.
UPDATED: The Indian state of Tamil Nadu’s latest 1.5GW solar auction has received the lowest bids in the state so far with Raasi Green Earth winning 100MW of capacity with a tariff of INR3.47/kWh (US$0.054).
Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.
GE Energy Financial Services (GE EFS), the energy investing unit of General Electric, has raised what it claims to be the largest solar energy fund in Japan to invest in Japanese solar power projects.
