LONGi Green Energy Technology Co, the largest monocrystalline wafer producer, has approved future PV module and solar cell manufacturing plans of 10GW and 5GW, respectively.
The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.
Complexity and costs may deter corporates from choosing avenue key to developers, lawyers Andrew Hedges, Caileen Kateri Gamache and Lee Donovan write in latest PV Tech Power issue.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
Inelsa’s work to deploy 150MW project would deliver major installed PV capacity boost to Central American republic, home only to estimated 165MW last year.
REC Group has officially started volume production of heterojunction solar cells and modules at its manufacturing complex in Singapore that will provide 600MW of annual capacity, when fully ramped.
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.