PARI Group, a number of energy saving and renewable energy businesses, has signed a letter of intent with Germany’s Renusol to acquire its European solar mounting business assets.
MDU Resources Group announced Tuesday that its subsidiary MDU Construction Services Group has sold off its membership interests in Nevada Valley Solar Solutions II LLC to an affiliate of ORIX USA. Financial details of the sale were not disclosed.
Canadian Solar subsidiary Recurrent Energy announced Tuesday that it has signed off on a 20-year power purchase agreement for 60MW of solar power with the Sacramento Municipal Utility District (SMUD).
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS has secured a major module supply deal with US utility, Florida Power & Light Company (FPL) valued at US$317.1 million.
Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.
Solar tracker manufacturer NEXTracker has cooled reports that it is establishing a production hub in India, after reports by the country’s state news agency.
The battle between South Africa’s utility Eskom and renewable independent power producers (IPPs) continues with legal confirmation that IPPs can force Eskom’s hand to force it to sign the power purchase agreements (PPAs) under the government’s procurement programme.
Major PV inverter manufacturer SMA Solar Technology has claimed to have shipped over 1GW of inverters to India in 2016, holding a 26% market share, based on its figures that the market size in the country reached 3.9GW.
