Power Plants

Side-stepping the trend towards yield co financial structures, major PVEP Canadian Solar has secured a PV project financing partnership with China’s Sichuan Development Investment Management firm, part of the local Sichuan government.

China-based PV manufacturer and developer Hareon Solar Technology has signed another PV framework agreement totalling 100MW with Hakusan Municipal Economic Development Zone in Baishan city.

Taiwan-based solar wafer producer, Green Energy Technology (GET) has said it is considering establishing an overseas module assembly plant with sister company, Gintung.

The Eilat Eilot Renewable Energy Initiative (EEREI) has opened the tendering process for a 50MW PV project in Israel that could also provide power to neighbouring Jordan.

LDK Solar’s Cayman Island liquidators with the support of two major investors are attempting to start restructuring proceedings in Hong Kong of LDK Solar’s key asset, its polysilicon production operations, LDK Silicon & Chemical Technology Co.

Sharp Corporation could be preparing to sell on Recurrent Energy, the US PV project developer it acquired in 2010, according to news reports.

Two Chinese companies, Winsway and Guangdong East Power, will partner on 200MW of PV projects in Japan, according to news reports.

Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, company officials including chief executive Elon Musk revealed alongside the US state’s governor at a press conference yesterday afternoon.

PV developer OCI Solar Power is making progress on a number of solar projects that will add 145MW of solar power to Texas’ energy mix this year.

Solar power provider SolarCity is expanding its operations once again with the addition of 20 new operations centres in seven states.