The Philippines installed a total of 122MW of grid-connected solar PV in 2015, taking its tally to 144MW, up from 22MW the previous year, according to the latest figures from the Philippines Department of Energy (DOE).
Recent reports that the US and India are close to reaching an agreement in the trade dispute over India’s local content rules for solar equipment have been refuted by a top US trade official.
Chinese PV panel manufacturer Suntech Power will have to pay US$5 million in order to settle a federal class action lawsuit that accuses the company of withholding lackluster financial news from its shareholders.
India’s Ministry of New and Renewable Energy (MNRE) has invited proposals for the implementation of its Solar Cities programme, involving turning 100 small townships, industrial towns and institutions into ‘green campuses’ involving renewable energy generation.
‘Silicon Module Super League’ (SMSL) member JA Solar has placed an order with module assembly equipment specialist Suzhou Horad New Energy Equipment Co for a 300MW turnkey module assembly line destined for an as-yet unannounced facility in Brazil.
Indebted PV module manufacturer Yingli Green Energy has been rumoured to be securing over US$500 million in new debt financing from a Chinese state bank and a provincial government where it operates manufacturing facilities.
Solar projects commissioned under government of India and state policies are likely to reach 3,790MW within the year 2015/16, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).
