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).
Integrated energy company Sembcorp Industries and Singapore’s largest home-grown integrated logistics provider YCH Group have completed a 2.8MW rooftop solar farm.
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.
Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and Chinese government-owned Silk Road Fund, have achieved financial close on the 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
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.
Ginlong Technologies has completed its listing on the Shenzhen Stock Exchange.
Ministers sign off on plans to build plant on eastern reservoir of Maduru Oya through joint venture with Canadian Solar Institute.
Leading ‘Solar Module Super League’ (SMSL) member, JinkoSolar said a strong recovery in global solar demand was expected to lead to a 30% increase in its PV module shipments in 2019. As a result, the SMSL would ramp module capacity to 15GW.
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.
Anesco has turned to EDF Energy to optimise its landmark Clayhill solar-plus-storage farm, including the provision of an “industry first” guaranteed floor price for storage.
‘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.
