Indian developer Mytrah energy has received a direct loan facility of up to US$175 million from the Asian Development Bank (ADB) to help fund the development of solar and wind projects in Mytrah’s pipeline.
Former integrated PV manufacturer LDK Solar has entered liquidation proceedings in the Cayman Islands, while its mainland China assets undergo restructuring.
India could file trade cases against the US over violation of World Trade Organisation (WTO) norms related to the protection of solar panel producers in various US states, says energy minister.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements for March, 2016 has revealed over 7.3GW of planned future expansions of solar cell and module production.
In February, 2016 SolarCity, the largest residential solar PV installer in the US said in its fourth quarter 2015 earnings call that its ambitious 1GW Buffalo Riverbend manufacturing facility had been impacted by longer than expected equipment lead times, pushing some equipment installs into the second-half of 2016.
Sharp Corporation’s energy solutions business, which includes its activities in solar, will continue to operate as a brand in its own right, following the sale of a majority share in the group by Foxconn.
Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
French renewable energy firm EDF Renewable Energy has signed a 15-year Power Purchase Agreement (PPA) with Southern California Edison (SCE) for 111.2MW AC PV power plant.
