Markets & Finance

NEXTracker, a Flex company, has become the first company to reach 10GW of solar tracker sales globally.

Major metallisation paste producer Heraeus Photovoltaics is collaborating with PV ribbon product provider Ulbrich of Austria to develop products for PV module assembly and packaging technology.

India’s Ministry of New and Renewable Energy (MNRE) has issued a new order seeking to improve the quality of components in the solar sector.

The European Commission has approved replacing the current Minimum Import Price (MIP) for module imports from China with a new reduced price on a sliding scale mechanism, despite receiving almost negligible support from member states.

Canada-based Investment firm Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and developer CarbonFree Technology have agreed to acquire 15 ground-mount solar PV projects currently under construction in Chile with a combined capacity of 65MW from an unnamed developer.

The Asian Development Bank (ADB) has approved a loan of up to US$2 million to develop solar projects in Samoa.

European developer and O&M firm PS Renewables has bought a 49% stake in North Carolina-based firm NCRE.

Renewable energy developers SkyPower and Renew Power are involved in legal disputes with the distribution company (Discom) of the Indian state of Madhya Pradesh over solar project deadlines and PPAs, while SkyPower has also claimed to have successfully brought into operation its first ever project in the state.

Ciel & Terre Brasil, a subsidiary of French floating PV specialist Ciel & Terre, has completed Brazil’s first floating solar project, standing at 304kW capacity on a rainwater accumulation pond at Fazenda Figueiredo, Cristalina, in the state of Goias.

Canadian Solar has acquired an 80.6MW solar PV project under development at Guimarania, in the state of Minas Gerais, Brazil.