China-based PV manufacturer and project developer Hareon Solar Technology said in a financial filing that it expected to report a small profit in 2015, avoiding delisting from the Shanghai Stock Exchange (SSE) in the process after stemmed three years of consecutive losses.
Indian conglomerate RattanIndia Power plans to use a 324 hectare site in Punjab, which was originally pegged for a thermal power plant, to build a 200MW solar PV project.
The Indian state of Uttarakhand has invited expressions of interest for setting up 44MW of grid-connected rooftop solar PV and small-scale solar capacity in the state.
China-based PV energy provider (PVEP) United Photovoltaics Group has transferred its deal with Hareon Solar to build 930MW of PV power plants to third parties in exchange for recouping its initial deposit and interest and expenses, while dropping its case in an arbitration court.
Spain’s Court of Arbitration has ruled against two companies who filed a lawsuit against the Kingdom of Spain over reforms to the PV sector made in 2010, according to a statement from the Spanish Ministry of Industry.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
Distributed generation connections in Brazil, which are dominated by solar technology, grew 308% in 2015, according to new figures released by Brazil’s energy regulator the National Electric Energy Agency (ANEEL).
