Single-axis solar tracker firm Soltec has signed a €100 million syndicated credit facility with eleven banks, led by Banco Santander to continue to expand its international business with the opening of subsidiaries in the five continents.
Germany’s Belectric has been handed the contract to perform engineering, procurement and construction (EPC) duties and provide operations and maintenance (O&M) to a 250MW solar park project in India.
Softbank CEO Masayoshi Son has said its solar projects will provide electricity for free beyond the initial 25-year term of their power purchase agreements (PPAs).
‘Silicon Module Super League’ (SMSL) member JA Solar has supplied modules to Bangladesh's first large-scale solar power plant (28MW), which had been connected to the utility grid in September 2018.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
Not enough bidders turned up for Solar Energy Corporation of India’s (SECI) tender for 3GW of solar manufacturing linked with 10GW of projects and the deadline has been extended to 12 October.
China-based PV manufacturer and developer Risen Energy has signed a contract with Vietnam-based company Tasco to build a 61MW solar project in Ninh Thuan.
US government development finance institution Overseas Private Investment Corporation (OPIC) has committed US$25 million in financing to a fund managed by off-grid solar firm SunFunder, which will provide loans to companies developing off-grid solar products and solutions for Sub-Saharan Africa and Asia.
