The Indian state of Madhya Pradesh plans to extend its guarantee to developers bidding for capacity in the 750MW Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers.
Integrated PV manufacturer SolarWorld has started using two module assembly subcontractors to boost capacity to meet demand in the US and Europe, according to the company’s first half 2016 financial report.
Renewable energy developer Mytrah Energy has awarded a contract to PV inverter manufacturer Sungrow to provide 150MW of central inverters for its projects in the Indian states of Telangana and Punjab.
In this week's Movers & Shakers, PV Tech centres in on employment news in the US, as we examine career shifts in storage, manufacturing, non-profit and integrated energy companies.
PV and electronics equipment manufacturing and automation specialist Manz AG has reported continued demand for automation system in China for solar manufacturing applications that have generated €17.5 million in first half year revenue, up 66.7% from the prior year period.
Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for 100MW of grid-connected solar PV projects with large-scale battery energy storage systems at Kadapa Solar Park, Andhra Pradesh.
Taiwan-based solar cell and wafer producers are being impacted by slowing demand from China and unfolding overcapacity that has resulted in ASP declines hitting monthly revenue figures since June.
