Leading ‘Silicon Module Super league’ (SMSL) member Trina Solar has announced that its chairman and chief executive officer, Jifan Gao has secured an investor consortium to take the company private and exit the NYSE in a US$1.1 billion transaction. The merger is currently expected to close during the first quarter of 2017.
Recent first half 2016 downstream PV installation figures for China have led industry advisory firm AECEA to project full-year figures could be in the 25GW to 30GW range, significantly ahead of planned installs of around 18GW.
Indian state-owned power equipment manufacturer Bharat Heavy Electricals Limited (BHEL) has bagged an EPC order for 80MW of solar PV capacity in Tamil Nadu and Telangana for mining and power firm Neyveli Lignite Corporation (NLC) and Bharat Electronics Limited (BEL).
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements in June, clearly demonstrate a significant slowdown in recent months.
China-based major EPC firm TBEA Sunoasis has signed a memorandum of understanding (MOU) with two Egyptian government agencies to build two 500MW PV power plants in the country.
Minnesota Power tendering 300MW PV, more Brazilian states have exempted the ICMS tax on net metering, the WTO Appellate will rule on India/US solar trade case in September,
Struggling solar PV thin-film firm Hanergy Thin Film Power Group said its parent company Hanergy Holding Group had proposed a deferred payment deal on overdue debts totalling US$360 million and interest penalty payments that topped US$25 million at the end of 2015.
A massive 22GW of grid-connected solar projects have been logged in China’s official register but there are question marks over how representative the data is of actual end-demand.
‘Silicon Module Super League’ (SMSL) member JA Solar said it reached a new milestone in monocrystalline PV product shipments in the middle of July, 2016.
