Specialist PV manufacturing equipment supplier Singulus Technologies said it had issued new shares valued at around €8 million to provide liquidity for supplying CIGS thin-film production equipment orders and the development of heterojunction (HJ) solar cell processing tools after securing an (MOU) with Golden Concord Holdings, majority share holder in GCL-Poly and GCL System.
Tesla Motors and SolarCity are closer to combining their empires to form what could be the world’s largest solar and energy storage company, as the final referendum for the merger has been officially set for 17 November 2016.
Israel’s Public Utility Authority (PUA) has said that it will issue more than 1GW of fresh solar quotas, after a two-year hiatus from any new solar development.
The PV commercial and utility-scale operations & maintenance (O&M) market has been growing in tandem with the growth in global installations. Once seen as an ancillary market, its presence and significance has taken on a new meaning in recent years and is providing innovations and business practices that only enhance the PV project market.
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.
