Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has signed a three year deal to purchase polysilicon from Korean-headquartered polysilicon producer OCI Co worth around US$1.02 billion.
Indian Renewable Energy Development Agency Limited (IREDA) has signed an agreement with Rewa Ultra Mega Solar Limited (RUMSL) to finance two major solar parks in the state of Madhya Pradesh with a first loan of INR2.1 billion (US$33 million).
A 3,000MW energy storage target, proposed in Arizona as part of a grid modernisation policy, recognises the role of the technology in reducing the need for fossil fuels to stabilise the grid, a consultant has said.
‘Silicon Module Super League’ (SMSL) member Trina Solar has said it shipped over 9GW of PV modules globally in 2017, confirming its second place position in PV Tech’s Top-10 Module Suppliers annual rankings.
Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.
Taiwan-based market research firm, EnergyTrend expects Chinese end-market demand to contract slightly in 2018, after posting record installations for several years in a row and accounting for around 50% of global solar installations in 2017.