The wholly-owned subsidiary of ‘Silicon Module Super League’ (SMSL) member Canadian Solar, CSI New Energy, has completed the sale of two Chinese solar plants to state-owned Shenzhen Energy for US$32.2 million.
India has proposed providing a grant of up to INR3.75 million per MW (US$54,100) to encourage distribution companies to support net metering of rooftop solar on their networks.
India is expected to add more than 9GW of solar PV capacity this year, but its long-term renewable energy future requires adding transmission capacity and removing bottlenecks immediately, according to the latest quarterly solar market update from consultancy firm Mercom Capital Group.
China-based PV manufacturer GCL System Integration Technology (GCLS) has teamed with Vietnam-based OEM producer, Vina Solar Technology to establish a 600MW solar cell plant at Vina’s Bac Giang facilities.
India is expected to become a “key pillar” for solar demand growth, while growth from leading nations including China, Japan and possibly the US declines, according to the latest update from consultancy firm Bridge to India.
Goldman Sachs-backed rooftop solar specialist Asian Clean Capital (ACC) and SUMEC New Energy & Development are to develop a 100MW solar pipeline in China.
China has made known its disappointment with the European Commission’s decision to extend its trade duties on Chinese solar products for a further two years, through comments from an official at the Ministry of Commerce.
China-based EPC and project developer China Singyes Solar Technologies Holdings has won an EPC contract for a 100MW solar plant in Uzbekistan on behalf of state-owned firm Uzbekenergo.
UPDATED: The minimum import price (MIP) for solar products being sold into the EU will drop significantly in 2017, according to official correspondence seen by PV Tech.
Indian firms Adani and Azure Power have won 50MW solar capacity each in the state of Andhra Pradesh, in an auction with local content rules, according to consultancy firm Mercom Capital Group.
