India crossed the 5GW mark for installed solar capacity this week, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a 200MW turnkey module assembly line order with major Taiwanese cell producer, Motech Industries.
India’s Ministry of New and Renewable Energy (MNRE) has put in a request with the Department of Revenue for renewable energy to be exempted from some effects of the Goods and Services Tax (GST) bill, should it be passed in parliament, MNRE joint secretary Tarun Kapoor has confirmed to PV Tech.
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.
