Struggling integrated PV module manufacturer Yingli Green Energy met module shipment guidance and reported a small positive net income in the first quarter of 2016, the first time since the third quarter of 2011, supported by a significant reduction in operating expenses.
Indian conglomerate Adani Group has become the leading solar developer in India in terms of commissioned and pipeline capacity after winning all 100MW of solar capacity available in the latest auction from the state of Chhattisgarh, according an industry analyst.
The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for 450MW of grid-connected solar PV projects in the state of Maharashtra.
China-based integrated PV manufacturer Hareon Solar has recently signed an MOU with partners to build and operate a 160MW cell and module plant in Morocco with a total investment of around US$114 million.
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.
Monocrystalline wafer producer Comtec Solar Systems Group said it was preparing to acquire an unidentified PV power plant project company to enter the downstream business.
Leading PV manufacturing equipment supplier, Meyer Burger has received an order valued at around US$10.3 million for its recently launched DW288 Series 3 diamond wire cutting technology.
Indian renewable energy developer Azure Power has inaugurated a 28MW solar plant while starting construction for another 150MW project in Killianwali village of Muktsar district, in the Indian state of Punjab.
