BCPG, the renewable energy power producer of Thai oil refiner Bangchak Petroleum, could potentially raise up to 5.9 billion baht (US$170 million) from an initial public offering (IPO) this month, according to the company.
United PV and the United Nations Development Programme (UNDP) have partnered to jointly launch the “Panda Solar Power Plant”, which promotes both youth engagement and sustainable development in China.
Africa remains one of the most difficult markets to penetrate, riddled by bankability issues and a distinct lack of the right kind of strategic partnerships. To expedite and support solar investment on the continent, SolarPower Europe and the Africa-EU Renewable Energy Cooperation Programme (RECP) have teamed up to facilitate business cooperation between African and European stakeholders.
Sungrow Power Supply Co officially released the world’s first 1500V string inverter. The SG80HV has a power output of 80KW rated at 1500VDC. With a 2.5MW PV power block design and the ability to lift the maximum efficiency to 99%.
SunLink Corporation has expanded its portfolio of photovoltaic project solutions with the launch of the ‘TechTrack Distributed’ single axis tracker. TechTrack Distributed introduces ‘dynamic design,’ providing site flexibility and reductions in total project costs. TechTrack Distributed is the second single-axis tracker in the company’s TechTrack product line, joining the internationally deployed TechTrack Centralized. The new system is being showcased at Solar Power International 2016.
China-based renewable energy provider Huaneng Renewables reported first half 2016 revenue of RMB 4,914.3 million (US$735.58 million) a 25.3% increase over the prior year period, partially driven by a 26.1% increase in electricity generated from its PV power plant operations.