Projects

Integrated PV manufacturer and project developer ReneSola said it planned to undertake a reverse stock split in February, 2017 to restore its compliance with the New York Stock Exchange’s (NYSE) minimum US$1.0 stock price rules.

More community solar is set to come online in New York thanks to BlueRock Solar’s joint venture with Ithaca-based Renovus Solar for a project in Millport.

The New York Public Service Commission (PSC) has adopted new changes to state requirements to make it easier for consumers to go solar.

Taiwan state-owned utility Taiwan Power Co. (Taipower) has delayed plans to commission 500MW of solar by 2020 by two years, now scheduling 300MWp of that solar to be online by 2022.

Specialist German-based PV module manufacturer Solarion is expanding its c-Si-glass-foil module production to meet parent company, OC3 AG pipeline of commercial and industrial rooftop projects in Turkey.

The Filipino subsidiary of Germany’s Phoenix Solar has been awarded a contract to build four commercial rooftop PV systems, totalling 3.04MWp.

French renewable energy company Voltalia has broken ground on its first solar PV plant in Brazil.

‘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.

BayWa r.e., a subsidiary of Munich-based BayWa, has sold two North Carolina solar facilities totalling 47MW to PSEG Solar for US$74.6 million.