Trina Solar (Vietnam) Science & Technology, part of China-based Silicon Module Super League (SMSL) member Trina Solar, has secured a US$30 million credit facility with one of Vietnam's four largest commercial banks, VietinBank.
Clean-energy incentive company Swytch has announced a partnership with Chuncheon, the capital of Gangwon Province in South Korea, to spur economic growth and sustainability efforts while cutting down carbon emissions within the city.
Leading PV manufacturing equipment supplier Meyer Burger reported first half year financial results, highlighting strong sales and a return to profitability but weak order intake, due to Chinese government solar policy changes and market uncertainties influenced by USA-China trade conflict.
The European Bank for Reconstruction and Development (EBRD) is providing a €31 million loan for a 30MW solar project in the Kyzylorda region of Southern Kazakhstan, sponsored by Total EREN and Access Infra Central Asia.
Amid the ongoing furore about the Federal Government’s proposed National Energy Guarantee (NEG), a 280MW solar PV project and a 52MWh battery project are both set to go ahead in South Australia, it has been announced today.
Major PV inverter manufacturer Sungrow Power Supply Co is expecting the global floating solar (FPV) market to experience explosive growth in the next two to three years, in which it is targeting becoming the leading supplier of floating solar systems.
China has filed a complaint at the World Trade Organisation (WTO) against the US’ 30% safeguard tariffs on solar imports as well as its renewable energy subsidies, claiming that they distort the global PV market – a move which comes as part of wider trade battle between the two global powers.
The lowest bid quoted in Indian state-run utility NTPC’s auction for 2GW of interstate transmission system (ISTS)-connected solar was INR2.59/kWh (US$0.037), a 14 paisa rise from the L1 tariff in the most recent 2GW PV auction in India.
‘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.