First Solar and SunPower have agreed to sell their Joint Venture solar power plant yieldco, 8point3 Energy Partners, to energy investment firm Capital Dynamics, Inc., for US$977 million in equity value and about US$1.7 billion in enterprise value in an all cash transaction.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has signed a three year deal to purchase polysilicon from Korean-headquartered polysilicon producer OCI Co worth around US$1.02 billion.
An auction carried out under Karnataka’s 860MW solar tender has seen a recalibration of tariffs in India and a surprising outcome for the lowest tariff.
Specialist semiconductor and PV equipment supplier Intevac is still having issues securing delivery dates for an order for 12 ‘ENERGi’ solar ion implant tools to a customer in China, which is planning to ramp N-type mono IBC (Interdigitated Back Contact) solar cells and modules.
India’s 2018/19 budget has proposed changing customs duty on imports of solar glass from 5% to nil, but the overall renewables sector has been largely ignored.
Indian Renewable Energy Development Agency Limited (IREDA) has signed an agreement with Rewa Ultra Mega Solar Limited (RUMSL) to finance two major solar parks in the state of Madhya Pradesh with a first loan of INR2.1 billion (US$33 million).
EDF, Clal Sun and Belectric complete 30MW project in Israel, Invenergy issues bond to refinance 65MW Uruguay project, More large-scale completion in Iran.
The Taiwan government has decided to lodge an official complaint with the World Trade Organization (WTO) over the latest import duties imposed on solar cells and modules imported into the US.
Independent power producer Sonnedix has acquired 11 PV plants in Italy totalling 6.75MW, taking the firm’s portfolio in the country up to 114MW of operating PV generation capacity.
PV Tech caught up with Ugo Salerno, chairman and CEO of Italy-based advisory RINA, alongside the firm’s technical director for power and renewables, Simon Turner, to discuss storage retrofits in the UK, financing floating PV and upgrading hastily built European solar plants.
