Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.
GE Energy Financial Services (GE EFS), the energy investing unit of General Electric, has raised what it claims to be the largest solar energy fund in Japan to invest in Japanese solar power projects.
China-based renewable energy developer and owner Panda Green Energy Group (PGEG), formerly United Photovoltaics said it had completed and grid-connected the first panda-shaped PV power plant in Datong County, Shanxi Province, China.
US-Based wafer producer 1366 Technologies said that a small 500kW PV power plant in Hyōgo, Japan is the first commercial usage of its ‘Direct Wafer’ technology outside several test sites in the US, Germany and Japan.
Vietnam-based infrastructure investment firm BCG Băng Dương and Korea’s Hanwha Group have partnered to develop and build a 100MW solar PV project in Thanh Hoa district, Long An, Vietnam.
Dedicated N-type monocrystalline module manufacturer Jolywood (Taizhou) Solar Technology Co. Ltd (Jolywood) said it had collaborated with TUV NORD and the National Center of Supervision and Inspection on Solar Photovoltaic Product Quality (CPVT) to establish a preliminary testing standard for bifacial solar modules.
The Tamil Nadu Energy Development Agency (TEDA) has issued a request for proposals (RfP) for the development of another 500MW of solar park in the south Indian state.
France-based floating PV specialist Ciel & Terre (C&T) International has commenced construction of a 70MW floating solar plant for Chinese state-owned developer CECEP on a clay quarry lake in Anhui Province, China.
Plans for a major financial package to support India’s domestic PV manufacturers have been cancelled by the Indian government in order to be reshaped for the current state of the industry, according to a source close to the issue.