Markets & Finance

July 13, 2017
Not-for-profit research firm The Energy and Resources Institute (TERI) has collaborated with a Delhi distribution company BSES Rajdhani Power Limited (BRPL) to investigate technical challenges and solutions for renewable energy grid integration.
July 13, 2017
Indian rooftop PV specialist CleanMax Solar has secured equity financing of up to US$100 million from an affiliate of global private equity firm Warburg Pincus, in order to continue growth in the rooftop and open access solar power markets in India, as well as the Middle East and Southeast Asia.
July 13, 2017
SolarWorld Americas the subsidiary of bankrupt integrated PV module manufacturer SolarWorld AG said it would receive a US$6 million cash infusion from its parent company’s financial lenders to continue reduced operations after recent workforce reductions and support its co-petition with bankrupt US rival Suniva in the ITC ‘Section 201’ case.
July 12, 2017
Italian PV project developer Enertronica announced that its board of directors have given their approval for a US$18.2 million convertible bond.
July 12, 2017
At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, according to the head of the India Energy Storage Alliance (IESA).
July 12, 2017
Vietnam-based infrastructure investment firm Bamboo Capital (BCG) has signed a cooperation agreement with China-based firm Unisun Energy Group and German company Coara Solar to work on a 40MW solar project in Thanh Hoa district, Long An Province, Vietnam.
July 12, 2017
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has revealed the awards of its 1.5GW solar auction, with some surprises given the original bid results and capacities.
July 12, 2017
Taiwan-based cell and module producer Neo Solar Power (NSP) has sold the former solar cell and module assembly plant of DelSolar to specialist semiconductor manufacturer Maxchip Electronics for around NT$1,252 million (US$41.1 million).
July 12, 2017
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
July 11, 2017
Major US EPC firm Swinerton Renewable Energy (SRE) has launched a new website that focuses on its many employees working in the solar industry rather than the installations, typical across the industry.

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