Mobisol has secured funding from Finnfund for its East Africa expansion, CEFC's investment commitments more than doubled last fiscal year, Acciona is supplying renewable energy to Latin America's largest retail store chain, Sungrow has supplied inverters and an energy storage system to the Bahamas.
Up to 100 solar PV firms in Japan could face bankruptcy this year, with more than double the number of firms going bust in the first half of this year than the same period in 2016.
Muren Guler, managing director of consultancy Global Energy, discusses the benefits of co-development in emerging markets and alternatives to the strategy of acquiring ready-to-build projects.
China-based integrated PV manufacturer Renesola has appointed a third-party financial and legal firms to provide advise on the proposal by its chairman and CEO, Xianshou Li to purchase the PV manufacturing and LED distribution businesses so the company can move completely downstream.
A Dutch consortium of government agencies, R&D facilities and solar companies have launched two of four pilot floating solar projects on the Slufter on the Maasvlakte, a water region used for contaminated harbour dredging sludge.
Imported inverters could even be subject to an extra International GST tax, while an MNRE official told Mercom that there would be a 5% increase in solar project costs.
India reached 1,396MW of rooftop solar deployment at the end of March, with nearly half (678MW) of this installed just in the fiscal year 2016-17, according to the latest ‘India Solar Rooftop Map’ from Bridge to India.
Indian power firm Hindustan Power has acquired fifteen ready-to-build solar projects in Japan totalling 150MW capacity, with plans to enter Bangladesh by developing four 25MW solar projects at Trishal.
Solar developer Wirsol Energy, an arm of Wircon Group, has partnered Australian developer Renew Estate to develop a pipeline of more than 1GW solar PV capacity that is storage-ready.
