Europe

PARI Group, a number of energy saving and renewable energy businesses, has signed a letter of intent with Germany’s Renusol to acquire its European solar mounting business assets.

Specialist PV manufacturing equipment supplier Amtech Systems has reported new solar orders since the end of September, 2016 have topped US$60 million, driven by PV manufacturers in China, Malaysia and Taiwan.

Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.

BayWa r.e., a subsidiary of Munich-based BayWa, has sold two North Carolina solar facilities totalling 47MW to PSEG Solar for US$74.6 million.

PV and electronics equipment manufacturing and automation specialist Manz AG has finally secured the largest equipment order in the history of the company after securing orders for two turnkey CIGS production lines totalling 350MW nameplate capacity with China-based Shanghai Electric Group and Shenhua Group.

A Dutch port has opened what is claimed to be the largest solar farm in The Netherlands.

Global grid-connected solar PV additions reached 75GW in 2016, a 50% year-on-year growth from 50GW in 2015, according to the PV Market Alliance (PVMA).

Global energy management firm Schneider Electric has acquired US clean energy product provider Renewable Choice Energy in a deal announced on Wednesday.

Renewable energy management platform QOS Energy has raised €3 million from two independent equity investors.

According to the ongoing analysis of global PV manufacturing capacity expansions by PV Tech, high-efficiency solar cell migrations, whether monocrystalline or multicrystalline with PERC (Passivated Emitter Rear Contact) and N-type mono heterojunction (HJ) have been gaining strong momentum since 2015.