French renewable energy giant Engie has signed an agreement for a 30% equity investment through capital increase in Unisun Energy Group, a Chinese solar PV company.
After experiencing their own problems with potential induced degradation (PID), Belgium-based Edison Energy took matters into its own hands and developed the Pidbull solution in partnership with imec. Now it sells Pidbull to anyone experiencing issues with PID. As managing director Davy Verheyden explains, it is a problem solar asset owners cannot afford to ignore.
News in Brief: ReneSola sells 6.75MW North Carolina project to Greenbacker, An Indiana Ikea is to install the largest retail rooftop solar array in the state, PowerHub releases a new version of its O&M software and five community college campuses in California are developing solar canopies.
Power purchase agreements (PPAs) have been signed for the pioneering Rewa solar park projects, which briefly had the lowest solar tariffs ever in India.
Inline measurement equipment specialist Aurora Solar Technologies (AST) has secured a new order from the world’s largest solar cell producer, expanding the use of its Decima 3T and Veritas servers for high-efficiency solar cell production.
The theme of this week's Movers & Shakers is international expansion. PAYG off-grid solar provider Azuri Technologies is strengthening its leadership team to target West Africa, while Vancouver, Canada-based Solar Alliance Energy targets US assets and expands its sales team to accommodate for this. ABB appoints new regional heads to ensure direct market contact with Europe and the AMEA region.
The Karnataka Electricity Regulatory Commission (KERC) has reduced the benchmark tariff for grid-connected utility-scale solar in the Indian state from INR6.51/kWh (US$0.101) to INR4.36/kWh (US$0.068).
Struggling China-based PV manufacturer Yingli Green Energy reported a full-year 2016 net loss of US$293.6 million with the majority of losses attributed to manufacturing impairment and supplier bad debt provisions incurred in the fourth quarter of 2016.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has completed the sale of a further two solar power plants in China, totalling approximately 69.5MWp to Shenzhen Energy Nanjing Holding Co.
German alternative asset management firm Aquila Capital has completed a 38.4MW PV project in Japan and sold it to a local institutional investor for an undisclosed amount.
