India’s Ministry of New and Renewable Energy (MNRE) is about to send a revision of the Renewable Purchase Obligation (RPO) to the country’s Union Cabinet for approval.
Updated: Subsidaries of China-based polysilicon and PV module manufacturer LDK Solar have been forced into bankruptcy proceedings in China only shortly after the parent company, formerly listed in the US, exited bankruptcy proceedings of its own.
Fresh questions have been raised over measures to prevent “dumping” of cheap solar products from China into the EU, following the news that two more Chinese exporters have been removed from the undertaking.
Trina Solar, part of PV Tech’s ‘silicon module super league’, has signed a provisional agreement to build a new PV manufacturing plant in the Indian state of Andhra Pradesh.
Wells Fargo and Barclays have signed financing facility agreements with Trina Solar’s subsidiaries in the US and Singapore, worth a total of US$90 million.
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) are seeking applications to fund renewable energy projects in developing countries through concessionary loans.
Solar prices in India could be substantially lower than coal by 2020, helping the technology become a major part of the country’s energy mix, according to a report by international consultancy firm KPMG.
US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
Negotiators are facing calls to reach a swift resolution to ongoing talks aimed at establishing a new global trade agreement for environmental goods such as solar cells and modules.
