This week's Movers & Shakers features new CEOs and the inauguration of new international offices. Sunworks and the Australian CEFC both welcome new CEOs and Enel Green Power North America opens its new office in Massachusetts, with Array Technologies expanding Down Under.
The Asian Development Bank (ADB) has approved a US$175 million loan to India’s major network operator and utility Power Grid Corporation of India (Powergrid) relating to solar park transmission.
Asia Clean Capital (ACC) has partnered with LONGI Solar Technology, a wholly-owned subsidiary of mono specialist LONGI Green Energy Technology, to co-develop 300MW of rooftop solar in China.
Solar power company Canadian Solar announced Thursday that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a three-year credit agreement with Sumitomo Mitsui Finance for US$35 million.
Updated: US-based high-efficiency module manufacturer Suniva, majority owned by Chinese diversified renewables firm Shunfeng International Clean Energy (SFCE) is to carry out a number of unspecified job cuts across its operations, according to a company statement.
Major flat panel display manufacturer AU Optronics Corp reported a significant reduction in its solar business unit’s losses in 2016, after receiving a US$170.1 million cash payout from SunPower to exit its joint venture (JV) manufacturing operations in Malaysia, last September.
Since Wacker Chemie opened its new 20,000MT polysilicon plant in Charleston, Tennessee in 2016, there was a good chance that the German-headquartered chemicals firm could overtake incumbent market leader, GCL-Poly.
Brisbane-based renewable energy investor Lyon Group will soon start building a AU$1 billion (US$767 million) solar-plus-storage farm in South Australia - the world’s largest.
PV and polysilicon manufacturing equipment specialist centrotherm photovoltaics reported 2016 revenue at the higher end of previously withdrawn guidance that was pulled on fears of PV manufacturers withdrawing capital expenditure plans when PV demand drastically weakened in China in the second-half of the year.
