According to independent solar industry advisory firm AECEA, China has already exceeded its 13th Five-Year-Plan (2016-2020) target of 105GW by installing around 10.52GW of solar in July, after record first half 2017 installations of 24.4GW.
Germany-based integrated PV and energy storage firm IBC Solar has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 20MW solar project in the Indian state of Odisha.
Taiwan-based PV cell and module manufacturer Motech Industries continued a fourth consecutive quarterly loss, yet losses declined on increased solar cell shipments in the second quarter of 2017.
Leading PV module encapsulation and backsheet material supplier Hangzhou First Applied Materials Co, formerly First Photovoltaics (PV) reported a continued increase in demand with sales up by 16.56% but profits crashed by 43.49% on significant ASP pressure in the first half of 2017.
Leading polysilicon and solar wafer producer GCL-Poly Energy Holdings has secured a US$200 million loan facility from an unspecified number and unidentified banks based in Hong Kong.
Indian utility NTPC has invited bids for 35MW of grid-connected solar PV projects across two states, with the requirement to source domestic solar equipment.
The latest phase of a AUS$55 million (US$43.8 million) programme giving remote communities in Australia’s Northern Territory reliable and clean power will see a 2MWh battery installed and paired with more than 3,000 solar PV panels.
Major PV inverter manufacturer Sungrow Power Supply Co Ltd has reported strong first half-year financial results due to strong demand in China and key markets such as South East Asia.
Leading CdTe thin-film module manufacturer First Solar has secured a 241MW module supply contract with Australian EPC firm, RCR Tomlinson. The latest contract is for two major PV power plant projects, bringing its contracted business in the country to over 500MW in the next 12 months.
