France-based specialist PV manufacturing equipment supplier Semco Technologies has announced at SNEC 2018 that its complete suite of PV manufacturing equipment would be spun-off and form a Joint Venture (JV) business in China with Ganshang Technology Group, a Suzhou City-based holding group combining smart economy with industrial investment.
India’s Ministry of New and Renewable Energy (MNRE) has created a Renewable Purchase Obligation (RPO) compliance cell to improve enforcement of this key policy for clean energy deployment.
According to analysis by Taiwan-based market research firm, EnergyTrend, around 67% of Top Runner program bids in 2017 were won with P-type mono PERC modules and it expects an increasing percentage of project bids in 2018 will be securde by using P-type mono PERC bifacial modules.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology is believed to have entered into a Memorandum of Understanding (MOU) with Saudi Arabia’s major commercial and industrial trading company, El Seif Group to establish a large-scale solar manufacturing infrastructure in the Kingdom.
The Asian Development Bank (ADB) is providing a roughly US$40 million project financing package for Vena Energy, formerly Equis Energy, to build four solar plants in eastern Indonesia, which are said to be the Southeast Asian country’s first utility-scale PV plants.
NLC India commissions 300MW in Tamil Nadu, India approves MoUs on renewables cooperation with Morocco and France, Largest municipal solar project in Virginia
US energy provider Southern Power has entered into an agreement to sell a 33% minority stake in its PV portfolio to Global Atlantic Financial Group Limited for a purchase price of US$1.175 billion.
