JinkoSolar US, a subsidiary of ‘Silicon Module Super League’ (SMSL) member JinkoSolar, has increased its credit limit with Wells Fargo Capital Finance, a division of Wells Fargo Bank, to US$60 million from US$40 million with a three year term.
A significant decline in the cost of PV modules and project construction, as well as a shift from small-scale projects to cheaper capex utility-scale projects, is a main driver for an clean energy investment slowdown in 2016, says Bloomberg News Energy Finance (BNEF).
The latest Indian solar auction has seen wining tariffs return to extreme lows at INR 4.35/kWh (US$0.065) for 130MW of PV in the Indian state of Rajasthan.
Leading China-based solar module manufacturer Canadian Solar will debut its new 1500V System Voltage crystalline module portfolio at Intersolar North America today.
India will soon unveil a solar PV manufacturing policy with manufacturers expected to be able to receive Viability Gap Funding (VGF) support via a bidding process, according to an industry consultant.
Developers have experienced curtailment of solar power in the Indian state of Tamil Nadu, according to India’s Solar Power Developers Association (APDA).