The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
Two new PV installations have officially commenced operations in the Philippines — a 50.7MW TSPP site near Tarlac City and a 6.23MW diesel replacement plant in Mindanao.
The Indian state of Uttarakhand has invited expressions of interest for setting up 44MW of grid-connected rooftop solar PV and small-scale solar capacity in the state.
China-based PV energy provider (PVEP) United Photovoltaics Group has transferred its deal with Hareon Solar to build 930MW of PV power plants to third parties in exchange for recouping its initial deposit and interest and expenses, while dropping its case in an arbitration court.
UN secretary-general Ban Ki-moon has told a meeting of investors representing US$22 trillion in assets that they must double their investment in clean energy.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a new 500MW automated turnkey module line order from Xinneng Solar.
Developers in India have failed to install 680MW of solar PV projects that were due to be commissioned by December 2015 because of project delays, according to consultancy firm Bridge to India.
