Indian solar developer Avaada Power has further staked its claim in the Indian PV market by signing a memorandum of understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects with a INR35 billion (US$537 million) investment.
‘Silicon Module Super League’ (SMSL) member LONGi Solar, a subsidiary of LONGI Green Energy Technology, has hit 23.6% conversion efficiency with its P-type monocrystalline passivated emitter rear cell (PERC) solar cells - a new industry record.
Leading CdTe thin-film module manufacturer First Solar is increasing its shipment guidance for 2018, due to plans to bring back online 180MW of mothballed Series 4 module capacity at its Perrysburg, Ohio manufacturing facility.
China-based integrated PV module manufacturer Wuxi Suntech Power Co said it had started supplying high-performance multicrystalline half-cut cell modules to European customers, offering power classes of 295/290W.
Ayala Corporation, part of Filipino conglomerate Ayala Group, has acquired a controlling stake in Silicon Valley-based firm Merlin Solar Technologies, which produces flexible, mobile and wearable crystalline silicon solar modules.
The Asian Development Bank (ADB) is to provide a loan of US$235 million to Thai energy firm B. Grimm Power to develop renewable energy projects in Southeast Asia.
Karnataka Renewable Energy Development Limited (KREDL) has extended the bid submission deadline for a 1.2GW solar PV tender at the Pavagada Solar Park to 5 March, due to technical issues.
According to a new report from market research firm GTM Research, solar tracker systems market in 2017 increased by 32% to a record 14.5GW, led surprisingly by Latin America.
