Diversified renewables firm Shunfeng International Clean Energy (SFCE) is close to an agreement to sell its manufacturing operations, which include Wuxi Suntech, as well as other international operations, including power plant monitoring firm, meteocontrol to reduce debts of RMB12,295.3 million (US$1.83 billion).
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
Indian renewable energy firm Suzlon Energy Ltd has sold two solar subsidiaries to CLP Wind Farms (India) Private Ltd.
France-based renewable energy firm Neoen has secured US$280 million in debt financing from Bancomext, Natixis and Société Générale for its 375MW El Llano solar project in the state of Aguascalientes in Mexico, the company's largest such project to date.
Solar Module Super League’ (SMSL) member, Hanwha Q CELLS has extended its patent infringement complaints in Australia to include REC Group and two of its distributors, Sol Distribution, and BayWa r.e. Solar Systems, the first time the SMSL has expanded its patent cases to include distributors.
Saudi Arabia’s Public Investment Fund and partners to deliver directly 2GW of the total pipeline, with plans to host a public tender for 600MW.
Ministers sign off on plans to build plant on eastern reservoir of Maduru Oya through joint venture with Canadian Solar Institute.
Operator REE to deploy €3.2bn until 2022 to back energy transition plans, with €1.53 billion earmarked for renewable integration and €215m for storage.
Madison Gas and Electric files application for large-scale addition to Shared Solar programme after first 500kW project becomes fully subscribed.
‘Solar Module Super League’ (SMSL) member, Canadian Solar does not expect to repeat last year’s strong profitability growth in 2019, due to falling PV module ASPs (Average Selling Prices) and a slowdown in PV power plant project sales as it rebuilds its late-stage projects pipeline for 2020, onwards.
Country to consult until 3 April on draft rules designed to offset O&M costs of individual installations across poorer, isolated areas.
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Project described as South Pacific’s biggest PV plant to date will supply power to state-owned utility TPL for 25 years.
Debt package to support Sermsang Khushig Khundii Solar Project plus 14-kilometre transmission line and upgrades to neighbouring substations.
Development financier tells PV Tech why innovation makes sense in fiercely competitive PV region despite risks of untried technology.
Chinese state-owned developer CECEP has completed a 70MW floating solar project in a former coal-mining area of Anhui, China, in collaboration with French floating solar specialist Ciel & Terre.
