Fourth Partner Energy (4PEL) a Hyderabad-based company developing distributed solar power, has raised around US$2 million in financing, enabling the firm to offer more financing options to its clients.
The project arm of Chinese manufacturer, JinkoSolar, has secured a credit line worth CNY10 billion (US$1.5 billion) with the Industrial and Commercial Bank of China’s Jiangxi Provincial branch.
PV developer SunEdison has installed eight solar systems for India’s Delhi Metro Rail Corporation (DMRC), which is the biggest consumer of electricity in the state of Delhi.
The EU-China solar trade dispute looks set to reignite with every indication suggesting that EU ProSun will request a review of the impending expiry of duties on Chinese solar imports into Europe put in place in 2013.
India is expected to install 2.5GW of solar in 2015, significantly up from the previous forecast of 2GW, under the latest quarterly ‘India Solar Market Update’ from Mercom Capital Group.
Module manufacturer Wuxi Suntech has agreed to supply around 200MW of solar panels to Indian conglomerate Adani Power for a PV project, which is under development in the Indian state of Tamil Nadu.
