Inverter manufacturer ABB India has opened a solar inverter manufacturing facility in the southern city of Bangalore, which doubles the firm’s capacity in the country.
J.P. Morgan Asset Management and the Sonnedix Group announced that investors advised by J.P. Morgan have acquired substantially all of the Sonnedix Group.
Diversified renewable energy firm Shunfeng International Clean Energy (SFCE) has reported first half year 2016 financial results wherein its grid connected PV Power plant capacity of 1,780MW is unchanged from the end of 2015.
Brazil’s Ministry of Mines and Energy (MME) has released new guidelines for transmission, which will come into play in time for the wind and solar projects to be tendered in the second reserve energy auction this December.
PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF) has claimed to have bounced back from a non-cash loss of around US$1.58 billion in 2015 to a first half 2016 net profit of around US$105.8 million.
Monocrystalline wafer producer Comtec Solar Systems Group has reported first half 2016 financial results that were impacted by a decline in average selling prices (ASP) and lower volume shipments, due to production upgrades and training at its facility in Malaysia.
Singapore-based renewables firm Sunseap Group has won a 10MW solar PV project in Cambodia, the Southeast Asian country’s first ever utility-scale solar plant.
