A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.
France-based floating solar specialist Ciel & Terre has launched a new subsidiary in the Indian city of Bangalore, a new manufacturing line in Maharashtra, and is set to deliver floats to its first 5MW project in West Bengal.
SolarEdge is shipping its most powerful inverter product to date – the SE100KUS inverter for 277/480Vac commercial grids. The SE100KUS utilizes a bundling concept with three separate units to retain higher system uptime and availability.
India’s total PV demand in 2018 will reach just 8.5-9.6GW as a result of the imposition of a 25% safeguard duty on imports of cells and modules, according to EnergyTrend forecasting.
