India is expected to approve a doubling of its solar parks policy to reach 40GW capacity by 2020 in the next two months, according to key figure at the Ministry of New and Renewable Energy (MNRE).
After the 630 installation rush, enterprises, industry experts and investors began to think about the next trend for Chinese PV industry. It is predicted by senior staff from an investment company, that 2017’s plant development would be tripartite by the top runners (leading group) projects, distributed systems and poverty alleviating PV programmes.
Indian solar PV manufacturing is beginning to make headway after a significant module capacity increase in the last year. PV Tech caught up with Ivan Saha, president and chief technical officer of India-based manufacturer Vikram Solar for an industry update.
In a 2-0 ruling, the Hawaii Public Utilities Commission (PUC) rejected NextEra Energy’s US$4.3 billion bid to purchase Hawaii’s largest utility, Hawaiian Electric Industries (HECO), after finding it was not in the public interest.
Struggling Hanergy Thin Film Power Group has appointed Lin Qi, currently the executive vice-president and chief operation officer of parent company, Hanergy Holding Group as an executive director.
Leading polysilicon and wafer producer GCL-Poly Energy Holdings has signed a new supply contract with sister PV module manufacturing company, GCL System Integration totalling 110,000,000 wafers through the second-half of 2016.
A forecasted fall in solar PV module prices due to an emergent oversupply in China will aid the Indian solar sector in time for its largest capacity additions set for Q1 2017, according to the latest update from consultancy firm Bridge to India.
JinkoSolar US, a subsidiary of ‘Silicon Module Super League’ (SMSL) member JinkoSolar, has increased its credit limit with Wells Fargo Capital Finance, a division of Wells Fargo Bank, to US$60 million from US$40 million with a three year term.
Chile’s solar PV installations reached 1,267MW at the end of June this year, up 50MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).
