India's Ministry of New and Renewable Energy (MNRE) is set to launch a highly ambitious plan to facilitate 23GW of grid-connected solar PV projects in Ladakh in the state of Jammu & Kashmir, which is a mountainous desert region in the far north of India.
The largest solar cell manufacturer in Taiwan, Motech Industries has added to a major restructuring of the company with the closure of its 1.1GW solar cell manufacturing plant in Taoyuan, southern Taiwan and a 916 reduction in full-time employees by 28 January 2019.
Major PV inverter manufacturer SMA Solar Technology has lowered both its revenue and profit forecast again for 2018, citing continued ‘strong pricing pressure’ through November.
SolarWindow Technologies, which develops transparent coatings that turn ordinary glass into electricity-generating windows, has completed a round of equity financing for US$25 million.
US-headquartered high-efficiency PV module producer SunPower Corp has concluded the sale of its US residential lease portfolio with a subsidiary of Hannon Armstrong as the company sells assets to improve its balance sheet.
Advantage Capital has signed off on a $4.1 million investment in Momentum Solar, a residential solar company providing solar design, engineering and installation services across New Jersey, New York and five other states.
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has agreed to take full control of Huajun International Group’s PV manufacturing operations (Huajun Power Technology (Jiangsu) Co), as part of a cooperation framework agreement that would last for three years.
Major certification body the Bureau of Indian Standards (BIS) has recognised TUV Rheinland's PV testing laboratory located in Bangalore, India, meaning the lab is now authorised to conduct testing of solar modules.
The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).