India’s first major utility-scale tender for solar PV combined with energy storage in the state of Andhra Pradesh has been put on hold due to the cap on tariffs being too low.
India-based energy firm Azure Power Global has launched its IPO on the New York Stock Exchange offering 6.82 million equity shares priced between US$21 to US$23 per share.
The solar centric political campaigning group EU ProSun, established by integrated PV module manufacturer, SolarWorld, has condemned China and Chinese module manufacturers for causing SolarWorld to make 500 ‘temporary’ workers at its manufacturing plants in Germany, redundant.
The Indian state of Andhra Pradesh has set its Renewable Purchase Obligation (RPO) at 12.75%, more than 50% higher than the targets set by the Central Government.
d.light, a solar solutions provider for communities without access to reliable power, has secured US$22.5 million in new financing to grow its PayGo business into additional off-grid territories.
Integrated PV manufacturer SolarWorld will lay-off around 500 temporary manufacturing workers in the fourth quarter of this year due to significant price drops on the world market.
Hong Kong-headquartered Asia Clean Capital and the US’ Ten K Solar have signed an exclusive China partnership to develop an anticipated 40MW worth of solar projects within the next 18 months.
High-efficiency PV module producer and project developer SunPower is to take over its joint venture (JV) solar cell manufacturing operations in Malaysia from Taiwan-based partner AUO, a subsidiary of AU Optronics Corporation at a cost of US$170 million, payable over the next four years.
