Power Plants

US-based solar installer Greenskies Renewable Energy has reached a US$82 million financing deal with Dutch multinational company Rabobank that will see Greenskies finance more than 60 solar projects in Connecticut and three other states, HartfordBusiness.com reports.

The largest merchant solar cell producer, Neo Solar Power (NSP), has raised approximately US$120 million in a bond issue.

Major PV energy provider, First Solar, has cancelled long-standing plans to build a 2GW PV power plant near Ordos City, Inner Mongolia, according to reports.

PV manufacturer SolarWorld has agreed to pay a penalty payment to an unidentified polysilicon supplier for changing terms on a long-term supply deal.

Major PVEP, SunEdison is working with India's Rural Electrification Corporation (REC) and the Madhya Pradesh Urja Vikas Nigam state agency to provide six remote Indian villages with PV micro-grids that will also have battery storage.

The portions of Indian prime minister Narendra Modi’s first national budget relating to solar energy have been met with a mixed reaction from the industry, based on first impressions.

As part of its PV manufacturing expansion plans to 1GW, Shaanxi Non-ferrous Photovoltaic Technology, also known as Shaanxi Youser Photovoltaic Technology, a subsidiary of state-owned Shaanxi Youser Group has placed equipment orders with RENA.

Prime Minister Narendra Modi’s first budget has been delivered with a number of tax advantages for the solar industry revealed.

Recurrent Energy has completed a 10MW solar project in Ontario, the twentieth, and final, in a 220MW portfolio.

Juwi has inaugurated a 25MW solar farm in the French Pyrenees with a number if sustainability and biodiversity measures included in the project.