Markets & Finance

Finland-based energy firm Fortum has invested €5.2 million in Exeger Sweden AB, dye-sensitized solar cell start-up to help support the launch of commercial products in 2017.

China-based PV project developer SPI Energy said it had finally received its first feed-in tariff (FiT) payments on a 10MW power plant that was grid connected in December, 2013.

PV module encapsulant producer Shanghai HIUV New Materials Co (HIUV) said it had completed the expansion of capacity to 130 million m2 or 10GW.

An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, PV Tech can reveal.

The European Commission has unveiled a package of policy proposals that would transform the continent’s energy market.

Political changes over the last four years and the recent death of King Bhumibol has brought some inertia to the Thailand market, but industry members expect the market will return to strong growth in the second half of 2017.

Global clean energy communications and consulting firm Mercom expects global solar installations to reach 76GW in 2016, according to a new report.

What is thought to be the world’s lowest priced solar PPA has been signed for an 800MW project in Dubai.

India-based PV module and EVA encapsulant manufacturer RenewSys India Pvt Ltd said it had started ramping its 100MW highly automated multicrystalline solar cell line at its Hyderabad facility.

At the beginning of August, major PV inverter manufacturer Sungrow Power Supply Co., raised around US$400 million in new capital via a private placement of shares with multiple Chinese banks.