Markets & Finance

Ellomay Capital’s wholly-owned subsidiary, Ellomay Luxembourg Holdings, will sell 49% of the outstanding shares of Talasol Solar to GSE 3 UK Limited and Fond-ICO Infraestructuras II.

Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology is planning to invest around US$875.7 million in expanding its Czochralski-based monocrystalline silicon (mono-Si) ingot and wafer capacity by 15GW, while expanding mono-Si solar cell capacity by an initial 3GW in 2020.

UK player divests majority portfolio share to undisclosed buyer days after separate reports suggested a sale of the entire firm is being mulled.

Builder of first utility-scale projects and local association signal faith that like-minded government and supportive policy will clear way for renewable revolution.

African country kickstarts the second round of its World Bank-led PV programme, while first 250MWac tender approaches final proposal stage.

IPP hits 244MW capacity mark in European country after acquiring five solar car parks from Glennmont, an infra investor fast divesting PV assets.

Kallpa Generación secures ministerial nod to feasibility studies for 500MW plant, setting the scene for capacity surge in country home to only 345MW last year.

Major China-based polysilicon producer and PV project developer, Xinte Energy Co has issued a profit warning for the first quarter of 2019, due to further polysilicon price declines. Xinte is a subsidiary of TBEA Co.

Even lowest estimate would lead to 40GW of total deployment in China in 2019.

Sale plans by financial owner follows years of meteoric growth of firm owning 500MW PV portfolio for businesses in India, Middle East and South East Asia.