GCL New Energy Holdings (GNE), the downstream independent PV power producer arm of leading polysilicon and solar wafer producer GCL-Poly Energy Holdings, has secured a HK$8,000 million (US$1.02 billion) in new finance.
Market research firm Bloomberg New Energy Finance has followed the lead set by China trade bodies and significantly raised its solar installation forecast for China in 2017.
For the most part, it will take some years for solar-plus-storage in the ASEAN region to become economically viable on a large scale, but panellists at the opening day of Solar and Off-Grid Renewables Southeast Asia event in Bangkok, have warned that investors who come on board quickest are going to gain a huge advantage.
PV Tech caught up with Thomas Chrometzka, energy programme director for GIZ Thailand, to discuss the country's rooftop PV situation, with the Solar and Off-Grid Renewables Southeast Asia conference kicking off today in Bangkok.
Major Korean-based polysilicon producer OCI Chemical is expanding its production of high-purity polysilicon to meet greater demand for P-type monocrystalline wafers used with PERC (Passivated Emitter Rear Cell) technology.
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
If India’s anti-dumping duty petition results in the introduction of trade barriers without other policy level reforms, it will fail to achieve its original goal of supporting domestic manufacturers, having already created huge uncertainty in the whole sector, according to a report by consultancy firm Bridge to India.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has secured US$66.0 million in project financing in its second green project bond placement with Goldman Sachs Japan.
France-based floating PV specialist Ciel & Terre is expecting to launch a floating solar equipment manufacturing facility in Thailand next March and is in the final stages of approving a Vietnam facility.