Project developer ReneSola will sell a 206.8MW portfolio of Chinese distributed generation projects to the Canadian investor Brookfield Asset Management.
India’s Ministry of Finance has imposed a 25% safeguard duty on imports of solar cells and modules from Malaysia and the People’s Republic of China, starting tonight.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology has entered into another major polysilicon supply deal, adding TBEA subsidiary, Xinte Energy Co to its supplier base in a new three-year purchasing agreement.
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has annulled a 1GW solar auction that it held earlier this month and retendered just 500MW of PV capacity.
Karnataka Renewable Energy Development Limited (KREDL) has issued a tender for 150MWac of grid-connected solar projects at the Pavagada Solar Park on a build own and operate (BOO) basis.
Leading CdTe thin-film module manufacturer First Solar has started production of its large-area Series 6 modules at its first manufacturing plant in Malaysia and said it was nearing the start of production at a third facility as new orders in the second quarter almost reached 900MW.
As the solar industry has grown from a 50GW market to 100GW in just a few years, the desire to have differentiated production has increased, especially for companies entering the market or repositioning strategies.
SolarHome, an off-grid solar firm focused on Southeast Asia, has raised US$5 million to date, having recently closed a US$1 million convertible note offering with impact venture capital firm Insitor Impact Asia Fund.
