Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar said its founder and chairmen, Xiande Li would purchase a major share it the downstream PV power plant business, Jinko Power for US$250 million.
Despite multi-Gigawatt solar plans, the ability of India’s public sector to compete in the PV market has been called into question by analyst firm Bridge to India.
Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
Integrated PV module manufacturer REC Group said total module shipments in the second quarter of 2016 reached 326MW, bringing first half year shipments to 640MW and a 4% quarter-on-quarter increase.
In this week's Movers & Shakers, PV Tech reports on a series of solar executive board shake-ups, as well as the Solar Energy Industries Association bestowing five members of the US Congress with prestigious awards for their efforts in contributing to the ITC extension.
Key Taiwan-based wafer producers Green Energy Technology (GET), Sino-American Silicon (SAS) and Danen Technology delivered mixed sales results for September, 2016, yet the underlining trend remained weak demand and ASP pressures.
Independent power producer sPower said it had secured a tax equity investment and syndicated construction and term loan facility totalling US$786 million to build 9 solar projects in Lancaster, California with a capacity of 339MW.
Credit ratings firm Fitch has praised Argentina’s RenovAR program for solar and wind utility-scale project plans, due to its structure that addresses legal and off-take risks.