Solar developer SPI Energy has invested around US$4.6 million in an electric vehicle rental service in China, with the company expected to build branded charging stations and leverage its PV business to finance its growth.
Major monocrystalline wafer producer Longi Silicon Materials has signed an agreement with Yan'an City, Shaanxi Province Qi County People's Government to build a 100MW monocrystalline module based PV power plant.
Leading Silicon Module Super League member Trina Solar has added 27MW of distributed generation (DG) PV projects to its balance sheet after completing and connecting three projects to the grid in Suqian City, Jiangsu Province, China at the end of December 2015.
Japan-based M.Setek, a subsidiary of Taiwan based flat panel display and PV module manufacturer, AU Optronics Corp (AUO) is to stop production of monocrystalline polysilicon production, due to cost competitive issues.
State-owned firm the Indian Renewable Energy Development Agency (IREDA) is to issue INR17.2 billion (US$257 million) in tax-free bonds from today for the financing of renewable energy projects in the financial year 2015/16.
The Solar Energy Corporation of India (SECI) has signed an MoU with the Delhi Metro Rail Corporation (DMRC) to work together on developing an initial 500MW capacity of off-site solar projects over three years.
Global corporate funding in the solar industry reached US$25.3 billion in 2015, with a record year for residential and commercial solar, according to consultancy firm Mercom Capital.
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.
