India ROUND-UP: Sungrow Kolkata office, Open Access nears 2.9GW, KfW €200m loan
Sungrow opens Kolkata office, Indian Open Access solar market nears 2.9GW, KfW offers €200 million financing for Indian renewables
Sungrow opens Kolkata office, Indian Open Access solar market nears 2.9GW, KfW offers €200 million financing for Indian renewables
‘Silicon Module Super League’ (SMSL) member Canadian Solar continues to push its PV power plant business development to fill a growing demand issue as revenue for the second quarter of 2018 missed company expectations.
‘Silicon Module Super League’ (SMSL) member Canadian Solar has lowered its full-year shipment, sales and capacity expansion plans for 2018, citing a number of global market and policy changes impacting its business.
Developer and EPC firm Conergy Asia has been acquired by the Green Investment Group (GIG).
India’s Ministry of Finance has temporarily deferred its imposition of a 25% safeguard duty on solar cell and module imports in compliance with a stay issued by the High Court of Orissa.
WGL Energy Systems has secured a US$75 million financing package from M&T Bank to provide funding for future PV projects in the US.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has reported higher than guided second quarter PV module shipments and reiterated total shipments guidance to be in the range of 11.5GW to 12GW in 2018.
Major PV inverter manufacturer SMA Solar Technology has once again reiterated sales and earnings guidance for 2018, after reporting first half year results but has become increasingly bearish on the global solar market, while its solar product order backlog takes a dive.
Specialist PV manufacturing equipment supplier Amtech Systems is restructuring its solar cell manufacturing equipment business with job losses after China-based customers have pushed-out capacity expansion plans after government cuts were made to downstream solar installation targets as deployments far exceeded goals.
Kazang Solar, the distribution partner of UK-headquartered off-grid solar specialist Azuri Technologies in Zambia, has been awarded US$1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide home lighting products to more than 7,000 off-grid customers in rural Zambia.
Lightsource BP has acquired six solar power assets totalling 135MW of capacity in Pennsylvania and Maryland from Orion Renewable Energy Group.
The Committee on Foreign Investment in the United States (CFIUS) has blocked the US$232 million investment by Shenzhen Energy in three projects owned by Recurrent.
Elon Musk has confirmed that he wants to take Tesla private as board-level discussions commence.
US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.
A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
